MARIN, CALIF. — PlantBaby, Kauai, Hawaii, has closed its series seed equity financing round, led by B2 partners, to expand distribution and continue its R&D efforts in the plant-based milk categories and beyond. Other investors included Big Idea Ventures, Everywhere Ventures, X Factor Ventures, Women’s Equity Lab Silicon Valley and Babylist.

The series seed equity financing round gives the startup a valuation of $20 million.

“PlantBaby represents the kind of forward-thinking, mission-driven company we look to support at B2 Partners,” said Matt Behrens, founder of B2 Partners. “Their commitment to creating clean, plant-based nutrition solutions aligns perfectly with our belief in backing businesses that prioritize both health and sustainability. We’re proud to contribute to their journey and help them reach even more families in need of innovative nutrition options.”

In 2022, the company raised $4 million in seed funding for development of new plant-based products.

PlantBaby, which was founded in 2020 by husband-wife-duo Lauren and Alex Albein to offer an alternative formula for their son, is a nutrition startup that produces organic, plant-based milk formulated specifically for children.

The products are formulated with oats, pumpkin seeds, hemp seeds, coconut and Aquamin, an ingredient derived from seaweed.

The company first launched with its Kiki Milk product in 2021 in two flavors: original and chocolate. The line now includes mac nut and unsweetened flavors.

The products are also free from seed oils, gums, artificial flavors and preservatives.

Each serving offers 5 grams of protein and contains calcium.  

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