Blackstone Growth has invested $200 million in Oatly, the Swedish sustainable food company.
Oatly offers a broad range of nutritious and sustainable oat-based products which utilize a patented enzyme technology that copies nature’s own process and turns fiber-rich oats into nutritional liquid food designed specifically for humans.
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