Hungry Planet® Announces Oversubscribed Series A Financing Round to Build Capacity for Breakthrough Plant-Based Meat Range
22 Apr, 2021
– Eat Just, Inc. announced that it has secured $200m in a new funding round led by the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar; joined by private investment firm Charlesbank Capital Partners and Vulcan Capital, the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen.
– The industry-leading food tech startup, which has raised more than $650m since its founding in 2011, will add QIA and Charlesbank to its Board of Directors.
– BofA Securities, Inc., acted as lead placement agent and ABG, LLC, advised on the investment that will be used to build capacity for Eat Just’s pioneering products; accelerate research and development programs and build its brands in key international markets.