Colorado startup raises $ 28 million to bring its vegan steaks to market
Boulder, CO-based vegan startup Meati Foods plans to make its vegan steaks straight accessible to customers in 2021. Co-founded in 2019 by engineers Justin Whiteley and Tyler Huggins, the corporate just lately accomplished a Sequence A funding spherical value $ 28.2 million to scale manufacturing and increase its staff to facilitate the direct introduction of the modern vegan mushroom-based meat for customers.
Whereas many corporations like Past Meat and Inconceivable Meals deal with making vegan floor beef, Meati makes entire steak and rooster cuts utilizing expertise primarily based on mycelium – the fast-growing root construction of mushrooms. The corporate brews mycelium in fermentation tanks after which mixes the protein-rich fibers, much like these present in rooster breasts and steaks, with different plant-based substances and seasonings earlier than making them into vegan meat. “Persons are searching for one thing new and thrilling, and I feel we will see a complete new class of mushroom-based merchandise, which is nice,” mentioned Huggins Food Navigator USA.
In Might, Meati Meals secretly launched its vegan steaks on the SALT Bistro in Boulder, the place it was served as a part of the Bahn Meati Sandwich, for data on the whole slice of mushroom-based steaks.