Ripple Foods Raises $17 Million, Plans Product Launches and Retail Expansion under New CEO

Ripple Foods has raised $17 million in funding, with support from Material Impact and Rich Products Ventures, to expand its portfolio of high-protein, allergen-free plant-based milk products. The company has appointed Becky O’Grady as its new CEO, bringing her experience from General Mills to lead Ripple through its growth phase.

With the new funding, Ripple plans to launch a line of organic plant-based milks in the first quarter of 2026 to cater to consumer preferences for nutritious alternatives. The company also aims to expand its retail footprint and penetrate foodservice channels, with the goal of achieving strong results in the plant-based protein market under O’Grady’s leadership.

Ripple Foods' products are currently available at national retailers like Whole Foods and Target, as well as online, and the company is optimistic about its potential for growth and success in the coming years.