Agritech startup Hart Dairy closes $10 million seed round to produce 100% free-range, grass-fed dairy in America
Hart Dairy, the largest single-source producer of 100% free-range, grass-fed milk in America, has closed a $10 million seed round to accelerate the long-term growth of the company. The funding round was led by Sydney-based Alium Capital to enable Hart Dairy’s growth in America and Asia. Hart Dairy will use the fresh capital infusion to further expand their premium and better-for-you dairy product offerings, increase production capabilities and continue the innovation of their forward-thinking and industry-leading animal welfare practices.
Last April, Hart Dairy was named the first pasteurized U.S. dairy cow operation to earn the Certified Humane designation from Humane Farm Animal Care (HFAC), an international nonprofit certification program, whose mission is to improve the lives of farm animals and encourage consumer demand for kinder and more responsible farm animal practices.
Hart Dairy has redefined the grass-fed dairy standard through its production of premium “Grass 365” dairy products, including fresh milk, yogurt, cheese and butter varieties. Located near Augusta, Georgia, Hart Dairy sits on more than 4,000 acres of pristine farmland and is the largest single-source producer of 100% free-range, grass-fed milk in North America. The farm boasts more than 3,500 happy cows that roam free, are never confined and are grass-fed 365 days a year in a certified, non-GMO environment. Under the direction of Dr. Richard Watson, a pioneer in world-class grazing and pasture-based techniques, Hart Dairy passionately combines animal welfare and better-for-you dairy products with truly free-range, grass-fed cows.
“This significant influx of new capital is a clear validation of how we see free-range, grass-fed milk emerging in America,” said Hart Dairy Chief Executive Officer Tim Connell. “With consumers’ paradigm shift toward better-for-you products and our recent Certified Humane® certification for the farms we care for most, we believe we are on the right trajectory. Having a world-class organization such as Alium Capital in our corner is a huge endorsement for Hart Dairy as we continue to grow and pioneer the 100% free-range, grass-fed movement for our cherished consumers.”
“We were very impressed with Hart Dairy’s exceptional operation, along with their ability to recognize and fill this significant gap in the dairy market,” said Alium Director Jason Rich. “We were also attracted by the team’s ability to scale quickly and, most importantly, they have the expert management team in place to execute appropriately to achieve success in this category.”
Hart Dairy sits on more than 4,000 acres of pristine farmland and is the largest single-source producer of 100 percent free-range, grass-fed milk in North America. The farm boasts more than 3,500 cows that roam free, are never confined and are grass-fed 365 days a year in a certified, non-GMO environment.