Meati Foods, a Boulder, CO-based producer of animal-free, whole-food protein made from mushroom root, raised an undisclosed amount in Series C funding.
The round, which brought total funding raised to date to more than $250m, was led by Revolution Growth, with the most recent contribution by Rockefeller Capital.
The company also announced its newly-opened industrial-scale production facility in Thornton, Colorado, in part financed by the Series C round.
Founded in 2017 and led by CEO Tyler Huggins, Meati Foods makes Eat Meati, its debut product line that features the Classic Cutlet, Crispy Cutlet, Classic Steak, and Carne Asada Steak. Consumers have continued to buy products through the company’s retail and foodservice partners, including Sprouts Farmers Market, Sweetgreen, and Birdcall. Eat Meati made its early retail debut in July 2022 after multiple months of record sellouts through its direct-to-doorstep online shop. A national omni-channel footprint is planned for late 2023.
FinSMEs
26/01/2023