Meati Foods is a company that produces plant-based meat alternatives that are made from mushroom root. The mushroom root, or mycelium, that the company uses in its products comes from the underground root structure of the mushroom, which is intended to be a nutrient-dense protein source that is environmentally friendly. Meati Foods was founded in 2017 by Tyler Huggins and Justin Whiteley, and is headquartered in Boulder, CO. The products are made by using stainless steel tanks to grow the mushroom root, and then the harvested mushroom root is pressed to remove water before adding seasonings and natural flavors.

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Will Meati Foods go IPO?

Meati Foods has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Meati Foods’ IPO price?

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When was Meati Foods founded?

Meati Foods was founded in 2016.

What is Meati Foods funding to date?

Meati Foods has raised $2.04B to date.

Who are Meati Foods’s major investors?

Wellington Management
Congruent Ventures
Tao Capital Partners
Prelude Ventures
National Science Foundation
Toba Capital
Fifty Years
Revolution
U.S. Department of Energy
Plus Capital
Acre Venture Partners
Bond Capital
Almanac Insights
BFG Partners
G9 Ventures
Better Ventures
Joyance Partners
CPP Investments
Trust Ventures
Chipotle Mexican Grill
Bluestein Ventures
Cultivate Next
Grosvenor Food & AgTech
ReGen Ventures
Rockefeller Capital Management
Sage Hill Investors
Alinea Restaurant
The March Group
Unovis Asset Management
Midwest Energy Research Consortium
Cleantech Open
LES Foundation
Chain Reaction Innovations

Meati Foods Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/08/2024 Series C-2 $24.77MM $xx.xx $368.44MM Bond, Congruent, Grosvenor Food & Agtech, Prelude Ventures, Revolution Growth
Price per Share
$xx.xx
Shares Outstanding
42,595,315
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bond, Congruent, Grosvenor Food & Agtech, Prelude Ventures, Revolution Growth
05/08/2024 Series C-1 $75.23MM $xx.xx $368.44MM Bond, Congruent, Grosvenor Food & Agtech, Prelude Ventures, Revolution Growth
Price per Share
$xx.xx
Shares Outstanding
129,393,613
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bond, Congruent, Grosvenor Food & Agtech, Prelude Ventures, Revolution Growth
01/26/2023 Series C-3 $159.55MM $xx.xx $683.31MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
83,415,710
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
Updated on: Dec 3, 2024

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