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Why Believer Meats, Meatable (and Meati) Closed - While Redefine Meat Keeps Selling
Fresh news shows US based, mycelium-based maker Meati Foods has had its property seized for nearly $7 million in unpaid taxes, illustrating just how severe the downturn has become in the proteins world.
This follows the earlier winding down of Believer Meats and Meatable, both of which shuttered operations despite raising multi-millions because they couldn’t simultaneously crack cost, scale, and market adoption. In each case, promising technology met the harsh economics of f
1 min read
Meati Secures Another $100M, Proving Plant-Based Meat Is Far From a “Dead Duck”
Colorado based, Meati, a mushroom-root meats company, just 'ramped' this trend by raising an another $100million, driving home the viability
2 min read
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