Eclipse Foods Raises Over $40 Million In Series B To Transform The Dairy Industry

Eclipse Foods, the leader in sustainable, plant-based dairy products that are indistinguishable from conventional dairy, announces a Series B funding round of over $40 million led by Sozo Ventures with participation from leading funds, including Forerunner Ventures, Initialized Capital, Gaingels, and KBW Ventures. With the latest round of funding, Eclipse has raised over $60 million to date with investors including Seth Goldman, the Chairman of Beyond Meat and Founder of Honest Tea; Alexis Ohanian, the Founder of Reddit; Prince Khaled bin Alwaleed, green tech venture capitalist; and Y Combinator, the world's top tech accelerator. The new funding will fuel the rapid growth of the business in retail and food service, accelerate R&D on Eclipse's proprietary plant-based dairy platform, build the brand's world-class team, and drive awareness for Eclipse as the world's first true dairy replacement.