Meati Foods secures $150 million in Series C financing

Meati Foods is an American plant-based meat research and development company, mainly engaged in the use of mycelium technology to provide nutrient-rich plant-based meat substitutes, dedicated to providing users with plant-based meat, vegetarian steak and vegetarian chicken. Meati Foods raised $150 million in Series C funding. The round was led by Revolution Growth, with participation from existing and new investors, including Grosvenor Food & AgTech, Canada Pension Plan Investments (CPP Investments), Wellington Management, and Cultivate Next. Revolution Growth partner Fazeela Abdul Rashid will join the board.

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