Gaia’s Farming Co., a UK-based producer of plant-based milk using hemp, has raised GBP 550,000 (~USD 0.6 million) in a seed funding round bringing the total funds raised to GBP 750,000 (~ USD 0.8 million). Investors of this round were not disclosed.

The company intends to use this funding to continue development and innovation using hemp as its main component as well as expand the team.

Gaia’s Farming Co, founded in 2020 produces dairy-free milk using hemp–primarily sourced from the UK, France, and Canada–in addition to oats, rapeseed oil, and sunflower oil. The company launched its first two products–Hemp & Oat M*lk and Hemp & Coco M*lk–in February 2022 which are available for purchase online. 

Analyst QuickTake: Hemp is an ingredient that isn’t used much in the plant-based dairy space compared to other alternatives such as soy, almond, and oats. Compared to other non-dairy options, hemp milk contains more protein, healthy fats, and all essential amino acids. Hemp milk is produced by blending water and seeds from the hemp (Cannabis Sativa) plant resulting in an earthy, nutty flavor, and a creamy consistency.