Good Culture, the cottage cheese maker that recently sold a majority stake in its business, is now receiving a $55 million investment from Semcap Food & Nutrition to support its growth ambitions. This additional funding comes just a month after the initial stake sale.
Semcap Food & Nutrition had previously partnered with Good Culture in 2021 when the company was looking to revolutionize the cottage cheese industry by focusing on simple ingredients and nutrient-rich products.
John Haugen, managing partner of Semcap Food & Nutrition, expressed excitement about working with Good Culture and their vision to modernize the cottage cheese category for today’s consumers. He praised the company’s ambition and conviction in reinventing a traditional product.
In January, Good Culture announced that L Catterton had acquired a majority stake in the company. This move signaled a shift in the cottage cheese market, which has experienced a resurgence in demand driven by consumer interest in protein-rich foods.
Cottage cheese has become a popular choice for health-conscious consumers due to its high protein content. According to the University of California, Davis, a 100-gram serving of full-fat cottage cheese contains more protein than full-fat Greek yogurt. This nutritional profile has contributed to a 20% increase in U.S. retail sales of cottage cheese.
Good Culture has seen significant growth in sales over the past three years, outpacing the broader cottage cheese category. The company has also expanded its product line to include clean-label dairy products like sour cream and cream cheese.
Investors like Semcap are drawn to Good Culture’s potential for future growth. Semcap focuses on investing in transformative food brands that align with modern health trends and demonstrate scalability.