Straus Family Creamery has announced a significant equity investment from Grounded Capital, marking a new chapter in its commitment to sustainable organic dairy farming. This investment provides essential capital for expanding the business while furthering Straus’ mission to support family farms and foster a regenerative food system.
“We’re excited to partner with Grounded Capital, who believe in our mission and care deeply about the future of our farming and food system,” said Albert Straus, Founder. “This investment will help us advance our carbon-neutral farming model, creating resilience in organic dairy farming operations, and a sustainable pathway for the next generation of farmers.”
According to the company's press release, over the past year Straus Family Creamery and Grounded Capital have worked closely through a leadership transition.
In January 2024, Mike Scheu took on the role of President, succeeding Bob McGee, who retired after 13 years with the company. Straus continues as Executive Chairman.
“This is a pivotal moment for Straus Family Creamery,” said Scheu. “We’ve built a strong and collaborative team, are well-capitalized, and the business is experiencing consistent growth. I deeply appreciate the collaboration and partnership with Grounded Capital and look forward to working together to pursue growth opportunities in the marketplace.”
With this new equity investment, Chief Executive Officer Stephen Hohenrieder and Principal William Culler-Chase will join the company’s Board of Directors. Building on this momentum, the company's strategic evolution continues with new developments in its investment landscape.
“Working with Albert and the team has highlighted the crucial role Straus Family Creamery plays in the future of organic dairy farming,” Hohenrieder added. ”We’re honored to support their long-term vision and excited about expanding their products into new markets and regions.”
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