About Meati
Meati is a company based in Boulder (United States) founded in 2005.. Meati has raised $489.12 million across 11 funding rounds from investors including Chipotle, Rockefeller Capital Management and CPP Investments. The company has 83 employees as of December 31, 2021. Meati offers products and services including Mycelium Steaks, Mycelium Cutlets, and Breakfast Patties. Meati operates in a competitive market with competitors including Prime Roots and MyForest Foods, among others.
- Headquarter Boulder, United States
- Employees 83 as on 31 Dec, 2021
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Emergy Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$489.12 M (USD)
in 11 rounds
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Latest Funding Round
$222.41 M (USD), Series C
Apr 19, 2024
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Investors
Chipotle
& 22 more
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Employee Count
83
as on Dec 31, 2021
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Products & Services of Meati
Meati offers a comprehensive portfolio of products and services, including Mycelium Steaks, Mycelium Cutlets, and Breakfast Patties. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Nutrient-rich steaks made from mycelium as sustainable meat alternatives.
Protein-packed cutlets from mycelium for environmentally friendly eating.
Nutritious patties made from mycelium to fuel daily meals sustainably.
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Funding Insights of Meati
Meati has successfully raised a total of $489.12M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $222.41 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series C — $222.4M
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First Round
First Round
(30 Apr 2019)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series C - Meati | Valuation | Grosvenor | |
| Jun, 2023 | Amount | Series C - Meati | Valuation |
investors |
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| Jan, 2023 | Amount | Series C - Meati | Valuation | Revolution |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Meati
Meati has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Chipotle, Rockefeller Capital Management and CPP Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Grosvenor is engaged in property management and agtech solutions.
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Founded Year | Domain | Location | |
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Climate companies are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Bond Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Meati
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Meati
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Meati Comparisons
Competitors of Meati
Meati operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prime Roots and MyForest Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Protein products are produced and supplied using edible fungi.
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| domain | founded_year | HQ Location |
Plant-based whole cut meat is developed from mushroom roots.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Meati
Frequently Asked Questions about Meati
When was Meati founded?
Meati was founded in 2005 and raised its 1st funding round 14 years after it was founded.
Where is Meati located?
Meati is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is Meati a funded company?
Meati is a funded company, having raised a total of $489.12M across 11 funding rounds to date. The company's 1st funding round was a Series C of $22M, raised on Apr 30, 2019.
How many employees does Meati have?
As of Dec 31, 2021, the latest employee count at Meati is 83.
What does Meati do?
Meati was founded in 2005 and is based in Boulder, United States. Fungi-based protein alternatives are produced by the company within the food technology sector. Mycelium is cultivated indoors using water, sugar, and nutrients to create meat-like products. Operations emphasize sustainable protein sources for the food industry, with distribution centered in the United States. The approach supports alternative proteins without animal-derived components.
Who are the top competitors of Meati?
Meati's top competitors include Prime Roots and MyForest Foods.
What products or services does Meati offer?
Meati offers Mycelium Steaks, Mycelium Cutlets, and Breakfast Patties.
Who are Meati's investors?
Meati has 23 investors. Key investors include Chipotle, Rockefeller Capital Management, CPP Investments, Grosvenor, and Prelude Ventures.
What is Meati's valuation?
The valuation of Meati is $650M as of Jul 2022.