Meghan Markle is investing in a trendy oat milk latte company

Meghan Markle, the Duchess of Sussex, is betting big on oat milk.

Markle said she invested in instant oat milk latte company Clevr Brands, which sells four flavors of its powdered drink for 28 dollars per 14-serving bag. The startup’s CEO Hannah Mendoza started the company in 2019.

Markle said, “This investment is in support of a passionate female entrepreneur who prioritizes building community alongside her business. I’m proud to invest in Hannah’s commitment to sourcing ethical ingredients and creating a product that I personally love and has a holistic approach to wellness.”

Clevr Brands, which started as a pop-up coffee bar, uses only organic or non-GMO ingredients, according to the company’s website. All of the company’s shipping materials are 100% post consumer recycled and 100% recyclable.

The company prioritizes “working with smaller, family run ingredient suppliers or those with more transparent supply chains.”

Source: https://edition.cnn.com/2020/12/14/investing/meghan-markle-oat-milk-investment/index.html

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