Meati
Meati Raises $100M in Series C
Quick Facts
Meati Raises $100M in Series C
Meati has successfully raised $100M in a Series C at a $550M valuation led by Revolution Growth, CPT Capital.
Company Overview
Meati is a FoodTech company headquartered in Boulder, CO, founded in 2018 with 200+ employees.
Mycelium-based whole-cut meat alternatives for sustainable protein
Fundraising Details
- Amount Raised: $100M
- Round Type: Series C
- Valuation: $550M
- Date: 2024-12-08
- Investors: Revolution Growth, CPT Capital
About Meati
Mycelium-based whole-cut meat alternatives for sustainable protein The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Boulder, CO
- Founded: 2018
- Team Size: 200+
- Industry: FoodTech
What This Means
This funding round demonstrates strong investor confidence in Meati'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. Meati's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $550M valuation marks an important milestone for Meati, positioning the company among notable players in the FoodTech industry.
Looking Ahead
With this new capital, Meati 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.
This fundraising news was reported on 2024-12-08. For more information about Meati, visit their headquarters at Boulder, CO.
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