Hungry Planet, Inc., a St. Louis, Missouri-based plant-based meat company, closed a $25m Series A financing round.
Post Holdings (NYSE: POST) led the round, joined by Singaporean investment group TRIREC, and included other plant-forward investors.
The company intends to use the funds to build capacity for its plant-based meats, and accelerate growth across retail, foodservice and e-commerce channels, both domestically and internationally.
Co-founded by Todd Boyman, CEO, and Jody Boyman, Hungry Planet offers a large range of chef-crafted meats that match traditional meat textures and tastes with non-GMO plant-based ingredients.
The company’s 100% plant-based meats are packed with protein and fiber, with fewer calories and less fat (no saturated) than conventional meat and other plant-based meats.
Hungry Planet’s range includes chicken, pork, beef, lamb, turkey, crab, chorizo, breakfast sausage, and Italian sausage – all in a variety of forms.