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The post Slate Milk Raises $23 Million Series B Round To Bolster Protein Drink’s Rapid Growth appeared on BitcoinEthereumNews.com. Slate Classic Chocolate milk shake Slate A new slate of functional beverages is about to dominate the ready-to-drink shelf, ushering in a more modern era of easily incorporating more protein in our diets. Today, Slate Milk cofounders Manny Lubin and Josh Belinsky reveal the brand has raised a $23 million Series B funding round. Led by Foundership, a new fund by Yasso frozen greek yogurt cofounders Drew Harrington and Amanda Klane, the money will allow Slate to continue its momentum towards ubiquity as it hits 100,000 points of distribution across 20,000 stores nationwide by the end of 2025. Slate also reveals that it is rolling out several line extensions including a 20 gram protein Strawberry milk at Sprouts Farmers Market, a 30 gram protein Cookies & Cream milk at Target, and a 30 gram protein Salted Caramel flavor at Walmart and Albertsons banner stores. New “Ultra” 42 gram protein options in Chocolate, Vanilla and Salted Caramel will also be available in retailers across the country. “Stores where we may have just had our ready-to-drink lattes, now we’re adding our shakes, and vice versa. We’re adding new partners and executing deeper with our existing partners,” Lubin tells me. The impressive growth is due to Slate’s early entry into the high-protein product space slightly before it caught mainstream attention–ready to execute immediately once consumers craved it most. Slate’s macronutrient ratios are practically unbeatable, largely due to the utilization of ultra-filtered milk. It’s a protein drink that writes a new script about who protein drinks are for. “We’re not sons of dairy farmers. We had no milk history,” Lubin says “We’re just a couple of dudes from the burbs of Boston who like chocolate milk.” Slate cofounder Manny Lubin Slate Another Clean Slate Slate’s brand has evolved significantly in just the past six…

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