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New Deal


Announced

Completed

Revolution Growth led a $150m Series C round in Meati Foods.

Financials

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Transaction Value£125m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Venture Capital

Single Bidder

food products

Private

Acquisition

Friendly

Food Products

Minority

fungi-based protein

Completed

United States

Cross Border

Synopsis

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Revolution Growth, a venture capital firm, led a $150m Series C round in Meati Foods, a consumer goods company that provides fungi-based meat alternatives, with participation from Grosvenor Food & AgTech, Canada Pension Plan Investment Board, Wellington Management and Cultivate Next. "The continued growth and momentum that Meati is experiencing underscores how differentiated and scalable our products and vision are. Revolution Growth and our new and existing investors bring not just the financial firepower and ethos alignment, but deep and diversified expertise that will be instrumental in building a brand and organization that will truly change how people eat in a way that's better for our bodies and better for our planet," Tyler Huggins, Meati Foods CEO.

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