Oatly, a Swedish sustainable food company, announced that it has further bolstered its plant-based movement through an agreement to invest $200 million in equity led by Blackstone Growth (“BXG”). Additional investors in the funding round include Oprah Winfrey, Roc Nation, Natalie Portman, former Starbucks Chairman and CEO Howard Schultz, Orkila Capital, and Rabo Corporate Investments, the investment arm of Rabobank. As minority shareholders, the new investors will join the company’s existing partners, including Verlinvest-CR JV and the company’s founders, on Oatly’s dynamic journey. As part of this transaction, Oatly’s founders will also be reinvesting in the company’s growth by providing additional capital.
 
The demand for a more sustainable food system is global and growing fast, with much of the shift being led by Millennials and Generation Z. Oatly’s patented original oatmilk created the fast-growing oatmilk category and the company is a leader in the plant-based food space, with its products available in more than 50,000 locations in 20 countries. The injection of capital will fund the company’s overall growth plans, which include expansion in current markets and new production plants and related jobs in Europe, the United States and Asia. By bringing facilities closer to consumers, the company will make the Oatly product range more readily available to the growing community of health and environmentally conscious consumers worldwide.
 
us.oatly.com