Neutral Foods, the first carbon neutral food company in the United States that debuted nationally in 2021 with organic milk products now available in more than 2,000 grocery stores from coast to coast, has announced the $12 million first round of Series A funding.
Led by Breakthrough Energy Ventures, this close follows two seed rounds totaling approximately $8 million, including a round led by David Adelman's Darco Capital of celebrity investors such as NBA stars LeBron James, Kevin Love, and Tobias Harris and musicians John Legend and Questlove.
“Neutral continues to validate that consumers are hungry for sustainable, climate-forward options,” said Carmichael Roberts, Breakthrough Energy Ventures, accroding to an official press release.
“This round of funding will enable Neutral to reach more people and accelerate carbon neutral foods and technologies.”
Neutral Foods, the first carbon neutral food company in the United States, offers carbon neutral dairy products nationwide. It’s on a mission to radically reduce the nearly 37 percent of global emissions the agriculture industry produces.
Started in 2019 in Portland, Oregon, Neutral is a national brand that works directly with farmers to reduce the carbon footprint of dairy products - for good.
Neutral has organic and conventional carbon neutral dairy solutions for retail, food service, and ingredient needs and intends to broaden its impact with additional agricultural foods.
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