Meati

Boulder, United States Founded: 2005 • Age: 21 yrs
Developer of fungi-based protein meats foods
Annual revenue - Latest available
Total funding $489.1M 11 rounds
Employees 83 Tracked headcount
Investors 23 Known backers
Products 3 Services tracked
Competitors 3 Brand Intelligence

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
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Emergy Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $489.12 M (USD)

    in 11 rounds

  • Latest Funding Round
    $222.41 M (USD), Series C

    Apr 19, 2024

  • Investors
    Chipotle

    & 22 more

  • 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.

Product name locked
Category locked
Primary

Nutrient-rich steaks made from mycelium as sustainable meat alternatives.

Product name locked
Category locked
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Protein-packed cutlets from mycelium for environmentally friendly eating.

Product name locked
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Nutritious patties made from mycelium to fuel daily meals sustainably.

People of Meati

Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Katrin Burt
Board Member

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Teams

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Grosvenor is engaged in property management and agtech solutions.
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Climate companies are invested in by this venture capital firm.
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Investments in multiple sectors are made by Bond Capital.
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Investor details for Meati

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

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Investments & Acquisitions by Meati

Investments
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Investment portfolio details for Meati

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  • Transaction dates
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Financial Statements - Meati

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Detailed financials for Meati

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  • Profit trends
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Meati Comparisons

Meati Primary company
Description
Developer of fungi-based protein meats foods
Location
Boulder, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
83
As of 2021
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Peer comparison for Meati

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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.

Company Name Domain Founded year HQ Location Description
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Protein products are produced and supplied using edible fungi.
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Plant-based whole cut meat is developed from mushroom roots.
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Detailed competitors of Meati

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  • Domains and locations
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Latest news on Meati

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Complete news archive for Meati

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Frequently Asked Questions about Meati

Meati was founded in 2005 and raised its 1st funding round 14 years after it was founded.

Meati is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Meati is a funded company, having raised a total of $489.12M across 11 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Meati is 83.

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.

Meati's top competitors include Prime Roots and MyForest Foods.

Meati offers Mycelium Steaks, Mycelium Cutlets, and Breakfast Patties.

Meati has 23 investors. Key investors include Chipotle, Rockefeller Capital Management, CPP Investments, Grosvenor, and Prelude Ventures.

The valuation of Meati is $650M as of Jul 2022.

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