– USA, CA – Kate Farms, the market leader bringing organic, plant-based nutrition into healthcare, announced the appointment of Kartik Dharmadhikari to its Board of Directors, along with the recent close of its Series C funding, led by Novo Holdings.
Kartik Dharmadhikari joins long-time Board members Robert Zollars, Kimberly Alexy, Tom Bedecarré, Dr. Celeste Clark, Jeffrey Jacobs and Hillel Moerman.
After many years of devoted service, Kate Farms co-founder Richard Laver is leaving the Board of Directors. Richard said, “Michele and I started Kate Farms to save our little girl whom we love so much and is the company’s namesake. Our dreams came true, and it is now time to step away from the business and be with Kate full-time. We know that the executive leadership, our board members, and the Kate Farms team will continue what Kate started and give hope and nutrition to everyone.”
“In founding Kate Farms, Richard and Michelle created a breakthrough product to help their daughter survive and thrive. Now, Kate Farms is the leader in plant-based nutrition and supports people to help them live their best lives through the transformative power of nutrition,” said Board Chairman and CEO Brett Matthews. “We are inspired by and grateful to Richard, Michelle, and Kate, who will always be part of the Kate Farms family. We respect Laver’s decision to step away and spend more time with Kate and wish them all continued good health and happiness.”
About Kartik Dharmadhikari
Kartik Dharmadhikari focuses on investments in food, nutrition, agriculture, chemicals, materials, and industrial biotechnology. Before joining Novo Holdings, Dharmadhikari worked with McKinsey & Co. and Novozymes.
About Kate Farms
Kate Farms was founded when a little girl named Kate Laver failed to thrive because she couldn’t tolerate any of the available tube-feeding formulas. Her determined parents Richard and Michelle had the transformative idea to develop a better formula using high-quality, organic, plant-based ingredients without the common allergens and ingredients found in traditional formulas. Today, Kate is thriving, and Kate Farms is now the #1 recommended plant-based formula. Kate Farms offers medical formulas for children and adults, to be used as the sole source or as supplemental nutrition, for oral or tube feeding. They are available nationally and eligible for Medicare, Medicaid, and private insurance coverage. Kate Farms formulas are made for tolerance with easily digested organic pea protein, fiber, and phytonutrients, and without common allergens, artificial sweeteners, or flavors. Kate Farms can be accessed in more than 800 U.S. hospitals, including the top children’s hospitals, and availability is increasing daily.
For more information: https://www.katefarms.com/
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