LOS ANGELES – Califia Farms, a leader in the non-dairy and plant-based food and beverage category, has acquired $50 million in a new funding round.

Launched just eight years ago, the California-based company has 70 products in five categories. The most recent round of funding, led by Luxembourg-based investment firm Ambrosia Investments and existing investors Sun Pacific and Stripes Group, will help expand company-owned manufacturing operations in Bakersfield, California. Califia is actively seeking to enhance its plant-based milks, non-dairy creamers and cold brew coffee products and recently launched a line of probiotic dairy-free yogurts.

“This round of funding will allow us to further pursue our vision to be the leading plant-powered food and beverage company of the future by investing in our four brand pillars of sustainability, health and wellness, plant-based innovation and engaging consumer experiences,” said Califia Farms co-founder and CEO Greg Steltenpohl.

In addition to the $50 million deal, actor Leonardo DiCaprio invested an undisclosed amount into the company. He joins other celebrity supporters like Jared Leto, Shaun White, Karlie Kloss and Tyler Hubbard.

Plant-based beverages are set to comprise 40% of the total dairy and non-dairy alternative beverage category by 2021—up from 25% two years ago. A report by Mintel found that non-dairy sales grew 61% between 2012 and 2017—topping out at $2.1 billion last year.