Eat Just Stock

ju.st/FoodTechFounded: 2011Funding to Date: $525MM

Eat Just is a food technology company focused on making healthier, safer and more sustainable food. The company’s expertise, from functionalizing plant proteins to cultivating animal cells, is powered by a team of scientists and chefs spanning more than a dozen research disciplines. Their most popular product, JUST Egg, is a plant-based egg substitute made from mung beans. This company was founded by Josh Balk and Josh Tetrick in 2011 and is headquartered in San Francisco, CA.

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Team

Management Team

Jon Vein JD
Advisor
Joshua Tetrick JD
Co-Founder & Chief Executive Officer
Elliot DeLoach
Co-Chief Financial Officer
Leo Lin
Co-Chief Financial Officer
Peter Licari Ph.D
Chief Technology Officer

Board Members

Cliff Coles
James Borel
Larry Kopald
James Borel
Board Member
José Andrés
Board Member

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News

China is a notoriously difficult market for international startups to crack, but one company seems to have found the recipe for wooing the country’s picky consumers. Three years after Eat Just launched in China, the San Francisco-based company is ready to put more alternative protein products in that market.
The investment was part of a round announced in May that raised $170M. This brings the round to $267M, making it the largest ever for cultivated meat, which backers say will help to meet the world’s rising demand for animal products in a more humane and environmentally friendly way.
Eat Just, is targeting “at least” $3 billion in valuation for its IPO that will likely happen in Q4 2021 or early next year, according to one of the leading investors of the plant-based eggs producer.