Meati Foods secures $150M in series C round for mushroom meat
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Meat Foods, a producer of juicy, delicious alternative whole-food proteins made from mushroom root, raised a fund of $150M in a series C funding round. The round was led by Revolution Growth, with participation from existing and new investors, including Grosvenor Food & AgTech, and Canada Pension Plan Investment Board (CPP Investments), among others. The company aims to become a leader in plant-based meat alternatives in the US. The funding would help the plant-based meat market grow.
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