Meati

Meati Foods whole foods

© Meati Foods
Company News

Meati Hands Over Assets to Attorney as Startup Seeks $4 Million Sale

Boulder-based alternative protein startup Meati is preparing to sell its business for $4 million, despite having raised nearly $450 million in funding, according to court documents reported by BusinessDen. The company disclosed the planned sale in filings submitted to the Adams County District Court last Friday. Meati CEO Phil Graves assigned the company’s assets to attorney Aaron Garber, who filed a request seeking permission for the buyer—identified only as Meati Holdings Inc.—to take over operations prior to the deal’s closure. Further details about the buyer have not been made public. Garber stated in the filings that selling the company as a whole, rather than liquidating its assets, would provide the best outcome for creditors and reduce broader financial fallout. As of last week, a judge …

more

meati mushroom root cutlets

© Meati
Politics & Law

Meati Faces Lawsuit Following Claims Its “Mushroom Root” Products Are Misbranded

Meati, a US startup producing meat alternatives from mycelium, is facing a false advertising class-action lawsuit in the state of New York after a plaintiff alleged that the company’s products are misbranded. Meati’s packaging claims that the meat alternatives are “Made From Mushroom Root” and contain “95% Mushroom Root Protein”. However, the plaintiff, Mario Burns, alleges that this is false because the products are not predominantly made from mushrooms. Instead, the mycelium used originates from Neurospora crassa, a type of red bread mold. This has been disclosed by Meati on its website. Burns argued that he would not have paid such a high price for the products had he known they contained Neurospora crassa, and expressed concern that the consumption of this ingredient could cause …

more

Meati Foods product lineup

© Meati Foods
Retail & E-Commerce

Meati Foods Announces Expansion at Super Target Stores Across the USA

MushroomRoot™ meat alternative producer Meati Foods announces the retail expansion of its Eat Meati product line to Super Target stores across the United States. This new partnership is a significant milestone in the company’s ambitious retail growth strategy, aiming to increase its presence from 3,000 to 8,000 retail stores by the summer of 2024. Meati Foods offers a range of chef-seasoned whole cuts, snacks, and nuggets. The company uses its proprietary MushroomRoot™ technology to create products from mycelium that are naturally fibrous and require minimal processing or fillers to create the meaty texture. The company has cited an increased demand for its products and high repurchase rates of up to 60%. President and COO of Meati Foods, Scott Tassani, states, “Achieving a retail footprint of …

more

Meati board of directors

Image supplied.
Company News

Meati Foods™ Adds Food and Ag Veteran Nicole Johnson-Hoffman to Board of Directors

Meati Foods, the producer of animal-free meats using MushroomRoot™ technology, announces the addition of Nicole Johnson-Hoffman to its Board of Directors. With a career spanning over two decades in the food and agriculture sectors, Johnson-Hoffman brings years of expertise to support Meati on its mission to redefine sustainable protein production. Having most recently held the CEO position at Believer Meats, a cultivated meat company, Nicole Johnson-Hoffman brings hands-on leadership and a deep understanding of the evolving food landscape. Her prior involvement as a board member in crucial cattle industry organizations such as the Global Roundtable for Sustainable Beef (GRSB) and the US Roundtable for Sustainable Beef (USRSB) uniquely situates her to offer insights into an industry with substantial environmental implications. Tyler Huggins, Meati Foods™ CEO …

more

Meati Plant-Based Carne Asada

©Meati
Retail & E-Commerce

Meati Expands US National Footprint with Debut in 260 Meijer Locations

Colorado’s Meati Foods announces its Eat Meati™ products haved debuted at 260 Meijer supermarkets in six states – Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. Now present in 29 states, Meati says the rollout represents its first mainstream grocery availability as it moves toward a national omnichannel footprint by the end of 2023.  The brand’s Eat Meati whole-cut product line is now available for purchase in two-unit packages. including the Classic Cutlet, Crispy Cutlet and Carne Asada Steak. The items can be found in Meijer’s refrigerated produce section.  According to Meati, Meijer represents the company’s second major retail milestone for 2023, after it previously expanded to all 380 Sprouts Farmers Market stores in March. Meati has also achieved successful partnerships in US food service, where …

more

Meati Chicken Cutlet Sandwiches @ PLNT Burger

©PLNT Burger
Fast Food

PLNT Burger Launches New Meati Cutlet Chik’N Sandwiches at All 13 Locations

Vegan fast food chain PLNT Burger announces it is launching two new sandwiches featuring Meati Chik’n Cutlets at all of its locations across the US East Coast. Starting April 10, the chain will feature two “superfood” sandwiches made with Meat’s mycelium protein: Crispy Chik’n Sandwich: Meati Crispy Cutlet, green leaf lettuce, pickles and garden herb mayo on a potato bun – $9.99 ($10.99 in NYC) Spicy Crispy Chik’n Sandwich: Meati Crispy Cutlet, hot sauce, plant-based pepperjack cheese, green leaf lettuce, pickles and garden herb mayo on a potato bun – $10.99 ($11.49 in NYC) The new menu partnership follows Meati’s national debut in Sprouts Farmets Markets, which saw the brand launch its Classic Cutlet, Crispy Cutlet, Classic Steak and Carne Asada Steak in 380 stores.  …

more

meati products roll out at sprouts market

© Meati
Fungi, Mushrooms & Mycelium

Meati Begins Major Expansion, Rolls Out Mushroom Root Cutlets & Steaks at Sprouts

Mycelium whole-cut pioneer Meati Foods announces the rollout of its mushroom root cutlets and steaks at 380 Sprouts Farmer Market locations across 23 states in the US.  The company’s animal-free, mycelium-based meats — Meati Classic Cutlet, Meati Crispy Cutlet, Meati Classic Steak, and Meati Carne Asada Steak — have been available in limited quantities at Sprouts and Birdcall locations in Colorado and online and DTC since last spring. Meati’s retail partnership expansion with the leading organic and natural grocer is a significant step to making the brand’s products available to customers nationwide. For meat and non-meat-eaters alike As it prepares for a national omnichannel footprint for late 2023, Meati Foods announced two hires with years of experience in the CPG space. Elizabeth Fikes was appointed the chief supply chain …

more

Topics:

david-chang-meati

David Chang ©Meati Foods

Food Service

Meati Foods Launches the “Meati Culinary Collective” Led by Celebrity Chefs

Meati Foods last week unveiled an evolving series of chef partnerships called the “Meati Culinary Collective,” in which its mycelium-based meat alternatives will be prepared by well-known and prominent chefs. This spring, Meati is collaborating with the following chefs: David Chang of world-renowned Momofuku and Majordomo Media; two-time BBQ World Champion Charlie McKenna, chef-owner of Lillie’s Q in Chicago; and chefs Tom Colicchio and Evan Funke. These chefs will showcase curated recipes, original content and meals featuring Meati products both in the restaurant and at home via Meati kits. “I’ve been following plant-based innovation closely for years,” says David Chang, chef and founder of Momofuku and Majordomo Media. “I can say without hesitation that the food Meati delivers is second to none in terms of …

more

List of the best plant-based steak products in North America

© Juicy Marbles
Food & Beverage

The 9 Most Incredible Brands Disrupting Steak with Plants (North America)

While plant-based burgers, sausages and meatballs have long dominated the alt-meat landscape, creating realistic steak from plants has always represented the highest, if seemingly unattainable goal, for many brands. But thanks to fearless and relentless innovation, a host of shockingly meaty and juicy plant-based steaks have arrived on the US and Canadian market, and are rapidly coming to the fore. Here, vegconomist takes a look at the most noteworthy names bringing animal-free steak to mainstream consumers.  1. Beyond Meat  While not a fully structured filet, Beyond’s “revolutionary” plant-based steak tips marked a major milestone for the company, which previously only offered ground-textured products like burgers and sausages. According to CEO Ethan Brown, Beyond Steak took five years of extensive R&D to develop. The product can …

more

Classic Cutlets and Steaks Grilling

Classic Cutlets and Steaks © Meati
Fungi, Mushrooms & Mycelium

Meati Foods Announces Huge ‘Mega Ranch’ Capable of Producing Millions of Pounds of Mycelium

Meati, the Colorado producer famous for its whole cuts made from mycelium, announces the opening of its biggest production facility yet, known as the Mega Ranch. The fully integrated operation is expected to cultivate Meati products at an annual rate of tens of millions of pounds by late 2023. At this rate, Meati says its production will match or exceed that of the largest individual animal-based ranches in the US.  According to Meati, its massive $150M Series C raise in 2022 helped to finance the Mega Ranch, which is designed to scale the company to an omnichannel, national footprint by the end of 2023. Along with a recent contribution by Rockefeller Capital, Meati says it is well-positioned to become a market leader with $1 billion …

more

scott-tassani-meati-president

Scott Tassani © Meati
Interviews

Meati: “Quickly Scaling to Become the US Market Share Leader in Plant-Based Meat by 2025”

Vegan whole-cut pioneer Meati has had an eventful time, to say the least, since we spoke with CEO Tyler Huggins back in March of this year. After raising $150M in Series C, launching fungi steaks and Carne Asada, and even being named in TIME’s Best Inventions of 2022, we just had to catch up with President Scott Tassani for another update from the masters of meaty mycelium. Can you give us a bit of background on your experience and how you landed at Meati? I worked in the food business through high school, and in my 30 years since graduating college. My career before Meati was spent with The Pillsbury Company and then General Mills – working in sales and brand development, spending my last …

more

Topics:

Meati Mushroom chicken burger

© Meati
Marketing & Media

TIME Names Meati Cutlet, Beyond Steak and MyForest Bacon Among Best Inventions of 2022

TIME Magazine has named plant and fungi-based meat creations from Meati, Beyond Meat and MyForest Foods among its top 200 Inventions of 2022, which selects innovations changing how we live. Best-selling cutlets Made from 95% mycelium, or mushroom roots, Meati’s Crispy Cutlet and Classic Cutlet earned glowing praise for looking and tasting like actual chicken. The Colorado startup has identified a unique strain of mushroom root that provides unparalleled flavor, texture, nutrition and speed of growth. According to Meati, it can transform a fifth of a teaspoon of spores into a full cow’s equivalent of meat in four days. The company also reports its first pre-order event in early 2022 sold out in less than 24 hours, while its most recent product drops sold out …

more

sweetgreen and Meati Bowl

©sweetgreen
Gastronomy & Food Service

US Salad Chain sweetgreen Partners with Meati for New Miso Meati Bowl

US salad chain sweetgreen announces it has joined with mushroom meat brand Meati to introduce The Miso Meati Bowl. Launching Nov. 10th at sweetgreen’s Culver City Food Lab, the item marks the chain’s first plant-based partnership and Meati’s first time joining a fast-casual menu. High-protein option Described as a flavor-packed, warm and hearty option, the new dish features Miso Marinated Meati™️ with roasted sweet potatoes, shredded cabbage, basil, kale, toasted almonds, wild rice, and miso sesame ginger dressing.  According to sweetgreen, the new item answers strong customer demand for a high-protein vegan option. The chain also states it chose to partner with Meati because both brands share a similar food ethos and goal of creating a sustainable impact on the planet.  Mushroom meat leader Based …

more

meati-steak-new-president

©Meati Foods
Products & Launches

Meati to Debut First Mycelium-Based Carne Asada Steak

Meati Foods, a company making alternative chicken and steak from mushroom root, announces it will soon launch its first marinated steak product, Meati Carne Asada.  Debuting Nov. 10th, the Carne Asada is Meati’s fourth product made from mycelium, following its Classic Cutlet, Crispy Cutlet and Classic Steak offerings. With a texture similar to the best-selling Classic Steak, Meati’s Carne Asada features a whole-cut filet pre-seasoned with cumin, paprika and other spices.  Nutrient-dense The ready-to-cook product is prepared in the same way as conventional carne asada, with each 4 oz. serving providing a nutrient-dense source of complete protein, along with fiber, amino acids, iron and zinc.  The Carne Asada will be available to purchase via Meati’s website in two releases on Nov. 10th and Dec. 8th, …

more

Topics:

Meati Mushroom Chicken on Skewer

© Meati
Company News

Meati Hires New CFO Amid Plans to “Become the US Market Share Leader in Plant-Based Meat” by 2025

Following its Chipotle-backed $150M Series C this July, Colorado’s Meati Foods appoints Jody Macedonio as CFO. Ms Macedonio previously held the same role at Chobani as well as at Dean Foods, which was the largest dairy company in the United States. According to Meati, the new role will see Ms Macedonio overlooking Meati Foods’ financials and partner with the leadership team to drive growth as it rapidly upscales, stating its intention “to become the US market share leader in plant-based meat by 2025, achieving an omnichannel national footprint in more than 10,000 doors by late-2023.” Pivotal moment “We’re thrilled and lucky to welcome Jody to the Meati Foods team during such a pivotal moment in our growth as a company. Jody’s track record as a …

more

Meati Mushroom Steak

©Meati
Investments & Finance

Meati Foods Raises $150M in Series C Round Backed by Chipotle Mexican Grill

Meati Foods, the creator of Eat Meati whole-cut meat alternatives, has raised $150M in Series C funding to expand the production and accessibility of the brand’s whole-food, mushroom root proteins. The funds will help complete the company’s 100,000 sq. ft. Mega Ranch in Thornton, CO, which will begin to ship product in late 2022 and is capable of producing tens of millions of pounds of Meati protein each year. Additionally, the raise will support rapid growth through portfolio diversification and creating an omni-channel footprint by the end of 2023. Meati is also planning to break ground on a “Giga Ranch” – a single facility that can produce hundreds of millions of pounds of product annually.  Led by Revolution Growth, the round included participation from Chipotle …

more

Meati Mushroom chicken burger

© Meati
Products & Launches

Meati Launches Whole Cut, Mushroom-Based Chicken and Steak at Select Sprouts Markets

Eat Meati, the debut product line of Colorado-based Meati Foods, is launching its alternative proteins made from mushroom roots at three Sprouts Farmer Market locations in the Denver-Boulder area, with a larger rollout planned through 2022. The company is also expanding its partnership with natural fast-casual chain Birdcall.  Beginning today, Colorado shoppers can find the Meati Classic Cutlet, Crispy Cutlet and Classic Steak in Sprouts’ refrigerated and prepared foods sections. The products are currently available at select stores in Denver (#334), Boulder (#312) and Wheat Ridge (#326). As part of Meati’s mission toward accessibility,  the initial launch will be followed by a national expansion to all US Sprouts locations by the end of 2022. The brand states it plans to achieve an nationwide, omnichannel footprint …

more

Topics:

Meati Foods steak

©Meati Foods
Fungi, Mushrooms & Mycelium

Meati to Launch Mycelium-Based Whole-Cut Steaks for DTC 

Meati, the mycelium-based meat specialist from Colorado, is to introduce its Meati Steak Filet for direct consumer purchase. As of next Monday, May 23, Meati will be expanding its superfood protein lineup by launching the Meati Steak Filet with national shipment via its website. Meati’s Steak Filet is a whole-food, whole-cut beef alternative made with mycelium – the root network of mushrooms. The Boulder-based company claims each 4 oz. steak serving is rich in umami flavor and comes ready to season and prepare like a conventional piece of steak. A single serving is zero cholesterol and complete with 14g of protein, as well as a host of micronutrients such as Riboflavin, Niacin, Folate, Vitamin B12, Zinc, and Copper. The company recently launched its Meati Cutlets …

more

Topics:

Tyler Huggins, CEO and Co-founder Meati

CEO Tyler Huggins ©Meati
Interviews

Meati: “We Intend To Be the Final Frontier of Animal-Free Protein, Creating a Superfood Protein Category That Will Change the Way People Eat”

Boulder Colorado’s Meati is creating mycelium-based whole cuts of meat through fermentation – two trending categories in plant-based. One of the most funded companies in the sector, Meati recently launched preorders for two alt chicken SKUs which both sold out in less than 24 hours. “I think we are only scratching the surface of what’s possible,” Tyler Huggins Yesterday the Meati Chicken Cutlet and Crispy Cutlet finally launched in the US with help from chef and Momofuku founder David Chang. And with newly hired Meati president Scott Tassani, previously of General Mills, aiming for $1 billion in Sales by 2025, it’s safe to say this startup is one to keep an eye on and will be making big moves in vegan meat. It was definitely …

more

Topics:

© Meati
Meat- and Fish Alternatives

Meati Launches Mycelium-Based Whole Cuts For DTC Purchase

From today, consumers will be able to purchase Meati‘s mycelium-based whole cuts for the first time. The Meati Chicken Cutlet and Crispy Cutlet are now available across the US via the company’s website. Last month, Meati launched preorders for the cutlets to huge success, with 1,116 sold in the first hour and the entire pre-order inventory gone in under 24 hours. The company says a third product, the Steak Filet, will be launched soon. Meati has also announced a partnership with chef and Momofuku founder David Chang, who will be an ambassador for the company. He will be involved in a range of projects, from consumer education to product collaborations. The partnership will begin with short-form educational content, which will go live on Meati’s channels …

more

load more