Meati Foods: Raises $50M in Series B Funding

Meati Foods Raises $50M in Series B Funding

  • Meati Foods, a Boulder CO-based public benefit corporation producing alternative meats, raised $50M in Series B funding
  • The round was led by Bond with participation from Acre Venture Partners, Prelude Ventures, Congruent Ventures, and Tao Capital
  • The company intends to use the funds to accelerate efforts to scale production and launch products at a national scale and more than double the size of its team
  • The company creates high-protein, high-fiber and nutrient-dense meats using mycelium as its single main ingredient
  • The company creates high-protein, high-fiber and nutrient-dense meats using mycelium – the muscular root structure of fungi – as its single main ingredient
  • The company has also added a cohort of investor-advisers, with members providing either new or upsized investments in this latest round
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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