Grosvenor Food & AgTech led a $100m round in Meati Foods.

Grosvenor Food & AgTech, an investment company, led a $100m round in Meati Foods, a fungi-fueled alt meat startup, with participation from Prelude Ventures, BOND, Revolution Growth and Congruent. “The capital basically turbocharges that growth trajectory. We’ll continue that break-neck pace of growth. We’re thrilled that despite all the headwinds that our growth is still on pace. And our investors understand that. The product is best-in-class and the growth is there. We need to marry the capital to the business to continue the momentum,” Phil Graves, Meati Foods CEO.