Eat Just, Inc., a San Francisco, CA-based food tech startup, secured $200m in funding.
The round was led by the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, joined by private investment firm Charlesbank Capital Partners and Vulcan Capital, the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen. In conjunction with the funding, Eat Just will add QIA and Charlesbank to its Board of Directors.
The company, which has raised more than $650 million since its founding in 2011, intends to use the funds to build capacity for its products; accelerate research and development programs and build its brands in key international markets.
Led by Josh Tetrick, co-founder and CEO, Eat Just is a company that applies science and technology to create health and sustainable foods already in more than 20,000 retail points of distribution and 1,000 foodservice locations. Eat Just created an egg brand, which is made entirely of plants, and meat made from animal cells instead of slaughtered livestock.