Redefine Meat Raises $135M in Series B

Redefine Meat has successfully raised $135M in a Series B at a $500M valuation led by Hanaco Ventures, CPT Capital.

Company Overview

Redefine Meat is a FoodTech company headquartered in Rehovot, Israel, founded in 2018 with 100+ employees.

3D-printed plant-based meat

Fundraising Details

• Amount Raised: $135M
• Round Type: Series B
• Valuation: $500M
• Date: 2021-07-27
• Investors: Hanaco Ventures, CPT Capital

About Redefine Meat

3D-printed plant-based meat The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Rehovot, Israel
• Founded: 2018
• Team Size: 100+
• Industry: FoodTech

What This Means

This funding round demonstrates strong investor confidence in Redefine 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. Redefine Meat's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $500M valuation marks an important milestone for Redefine Meat, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, Redefine 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.

This fundraising news was reported on 2021-07-27. For more information about Redefine Meat, visit their headquarters at Rehovot, Israel.