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The Green Dairy: Ikea Pumps $8.6M into Plant-Based Milk Producer to Become Majority Owner
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The Green Dairy: Ikea Pumps $8.6M into Plant-Based Milk Producer to Become Majority Owner
4 Mins Read Ikea’s VC arm, Ingka Investments, has bought a majority stake in Sweden’s The Green Dairy, which makes plant-based products from oats and fava beans, with an 80 million kronor ($8.6M) investment. Long known for its interest in the sustainable food sector, furniture giant Ikea has become the largest shareholder of an established B2B alt-dairy player. Ikea’s financing arm, Ingka Investments, has invested 80 million kronor ($8.5M) in Th…
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