Beyond Meat Raises $122M in Series G
Beyond Meat has successfully raised $122M in a Series G at a $550M valuation led by Tyson Foods, Bill Gates, General Mills.
Company Overview
Beyond Meat is a FoodTech company headquartered in El Segundo, CA, founded in 2009 with 600+ employees.
Plant-based meat substitutes
Fundraising Details
- Amount Raised: $122M
- Round Type: Series G
- Valuation: $550M
- Date: 2017-08-02
- Investors: Tyson Foods, Bill Gates, General Mills
About Beyond Meat
Plant-based meat substitutes The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: El Segundo, CA
- Founded: 2009
- Team Size: 600+
- Industry: FoodTech
What This Means
This funding round demonstrates strong investor confidence in Beyond Meat's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Beyond Meat's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $550M valuation marks an important milestone for Beyond Meat, positioning the company among notable players in the FoodTech industry.
Looking Ahead
With this new capital, Beyond Meat is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2017-08-02. For more information about Beyond Meat, visit their headquarters at El Segundo, CA.