Meati Foods
Meati Foods is a Colorado-based alternative meat company.
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Established in 2017, Meati Foods is an alternative meat company providing fungi-based protein. Eat MeatiTM, the debut product line from the company, features cutlets and steaks developed from mushroom root. In July 2022, Eat MeatiTM made its retail debut after sales were made through its online store.
In January 2023, Meati Foods opened a production facility called Mega Ranch in Colorado. Mega Ranch allows the company to grow, harvest, and process its mycelium and produce its products. A $150 million Series C round of capital raised in 2022, alongside an extension round of $22 million, financed the 100,000-square-foot facility.
The facility is slated to possessbe theable abilityto ofproduce producingaboutabout 45 million pounds of product. Its Eat Meati product line is produced at the ranch and includes four products: the Classic Cutlet, Crispy Cutlet, Classic Steak, and Carne Asada Steak. These products are sold via retail and foodservice partners, including Sprouts Farmers Market, Sweetgreen, and Birdcall. They are also sold online.
Meati Foods is focused on using proprietary, clean technologies to provide nutritious, fungi-based protein. Founded in 2017, Meati Foods is working to unlock a more delicious, nutritious, equitable, and sustainable food system for everyone. Eat Meati™, the debut product line from Meati Foods, features cutlets and steaks made from mushroom root, a whole-food protein cultivated with a modernized version of ancient and natural processes that have helped preserve Earth's ecosystems for millennia. Eat Meati™ made its early retail debut in July 2022 after multiple months of record sellouts through its direct-to-doorstep online shop. A national omni-channel footprint is planned for late 2023.
Established in 2017, Meati Foods is an alternative meat company providing fungi-based protein. Eat Meati™, the debut product line from the company, features cutlets and steaks developed from mushroom root. In July 2022, Eat Meati™ made its retail debut after sales were made through its online store.
The company announced Thursday the opening of its production facility, dubbed “Mega Ranch,” in Colorado. Mega Ranch enables Meati Foods to grow, harvest and process its mycelium and then produce its products under one roof. The 100,000-square-foot facility was financed in part by a $150 million Series C round of capital raised last year and a brand new extension round of $22 million. This will enable Meati to produce an annual rate of tens of millions of pounds by late 2023.
In January 2023, Meati Foods opened a production facility called Mega Ranch in Colorado. Mega Ranch allows the company to grow, harvest and process its mycelium and produce its products. A $150 million Series C round of capital raised in 2022, alongside an extension round of $22 million financed the 100,000-square-foot facility.
Once fully ramped up, theThe facility willis haveslated to possess the capabilityability of producing more thanproducingabout 45 million pounds of product. Its Eat Meati product line is already being produced at the Mega Ranchranch and currently includes four products: the Classic Cutlet, Crispy Cutlet, Classic Steak and Carne Asada Steak. TheThese products are sold throughvia retail and foodservice partners, including Sprouts Farmers Market, Sweetgreen and Birdcall. ItThey isare also doing small drops of productssold online that Huggins said continuously sell out quickly.
The company announced Thursday the opening of its production facility, dubbed “Mega Ranch,” in Colorado. Mega Ranch enables Meati Foods to grow, harvest and process its mycelium and then produce its products under one roof. The 100,000-square-foot facility was financed in part by a $150 million Series C round of capital raised last year and a brand new extension round of $22 million. This will enable Meati to produce an annual rate of tens of millions of pounds by late 2023.
Once fully ramped up, the facility will have the capability of producing more than 45 million pounds of product. Its Eat Meati product line is already being produced at the Mega Ranch and currently includes four products: the Classic Cutlet, Crispy Cutlet, Classic Steak and Carne Asada Steak. The products are sold through retail and foodservice partners, including Sprouts Farmers Market, Sweetgreen and Birdcall. It is also doing small drops of products online that Huggins said continuously sell out quickly.
Meati Foods
Meati Foods is a Colorado-based alternative meat company.
Meati Foods is focused on using proprietary, clean technologies to provide nutritious, fungi-based protein.
Meati Foods is focused on using proprietary, clean technologies to provide nutritious, fungi-based protein. Founded in 2017, Meati Foods is working to unlock a more delicious, nutritious, equitable, and sustainable food system for everyone. Eat Meati™, the debut product line from Meati Foods, features cutlets and steaks made from mushroom root, a whole-food protein cultivated with a modernized version of ancient and natural processes that have helped preserve Earth's ecosystems for millennia. Eat Meati™ made its early retail debut in July 2022 after multiple months of record sellouts through its direct-to-doorstep online shop. A national omni-channel footprint is planned for late 2023.
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