# Oatly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oatly

- Industry: Food
- Headquarters: Malmo, Sweden
- Website: www.oatly.com
- Total disclosed funding: $200M
- Latest round: Series C (Jul 14, 2020)
- Investors on record: 6

## About

Founded in 1994 and based in Malmö, Sweden, Oatly AB operates as a sustainable food company that produces oat-based products. The company was founded by Bjorn Oste and is based on original scientific research from Lund University. In July 2020, Oatly has raised EUR 175 million in Series C funding led by Blackstone Group.

Oatly is plant-based eating from both a nutritional and sustainability standpoint, in order to create positive societal change. The company offers 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 for consumers. Oatly brand is available in more than 20 countries throughout Europe and Asia. Oatly currently employs over 550 people throughout Europe, North America, and Asia.

The company generates revenue by selling its products in over 60,000 retail doors and 32,200 coffee shops across 20 countries.

Oatly plans to be listed on the Nasdaq under the symbol OTLY.

## Funding rounds

- Series C, Jul 14, 2020, $200M — Blackstone Group, Roc Nation, Orkila Capital, K2 Global, Rabo Investments, Verlinvest

## Investors

- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series C
- Roc Nation — Series C
- Orkila Capital (https://capitalatlas.ai/funds/orkila-capital) — Series C
- K2 Global (https://capitalatlas.ai/funds/k2-global) — Series C
- Rabo Investments (https://capitalatlas.ai/funds/rabo-investments) — Series C
- Verlinvest — Series C