Josh Tetrick

Josh Tetrick GOOD Meat

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People

TIME Magazine Recognizes Josh Tetrick, CEO of Eat Just, in 100 Most Influential Climate Leaders in Business for 2023

TIME Magazine has unveiled its list of the 100 Most Influential Climate Leaders in Business for 2023, recognizing individuals who have demonstrated substantial contributions to the fight against climate change. The selection process, conducted over several months by TIME’s editors and in-house climate experts, prioritized measurable achievements within the energy, nature, finance, culture, and health sectors. Among the listed figures is Josh Tetrick, CEO of Eat Just, credited as the first company to receive regulatory approval for lab-grown meat under the brand GOOD Meat. Eat Just is the only alt protein company represented on the list and one of the few recognized companies within the food and beverage category. In statements to TIME, Tetrick emphasized the pivotal role of the food system in addressing climate …

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ProVeg NFH egg dishes

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Egg Alternatives

What’s Driving Consumers to Try Plant-Based Egg Products?

Plant-based eggs are gaining consumer favour. This isn’t a recent development, however, the rate at which the industry is growing is surprising. In its recent New Food Hub article, ProVeg International uncovers the main consumer motivators for plant-based eggs and dives into the micro-drivers within each.  Throughout the piece, ProVeg shares insights to equip businesses with the knowledge they need to understand their consumers and attract them to the blossoming alt-egg market. Consumers value health  Research shows that health is the greatest driver in the plant-based egg market, due to numerous health risks and allergies associated with animal-based eggs, as well as the benefits of consuming plant-based alternatives. Plant-based eggs appeal to health-conscious consumers for a number of reasons: Low to no cholesterol: By swapping …

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Canada JUST Egg

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Company News

Eat Just Cutting 18% of Employees to Help Plant-Based Egg Division Become Profitable

Eat Just Inc. says it is cutting about 18% of jobs in its plant-based egg division, reveals CEO Josh Tetrick, in order to help reduce costs and reach profitability. While the company reports demand for its plant-based eggs is strong and growing, Tetrick says the product portfolio is currently not profitable.  The cuts will eliminate about 40 jobs, but will not affect staffers at GOOD MEAT, the company’s cell-based meat division, reports Bloomberg. According to Tetrick, sales of its liquid and folded plant-based eggs continue to reach record levels, with the company increasing new household penetration by 11% in January.  Despite the products’ strong performance, Tetrick states that, collectively, its offerings are not profitable and the company must take initiatives to reduce costs. Beyond layoffs, …

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Jennifer Stojkovic - VWS

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Society

Jennifer Stojkovic Launches First Book on Women in Food Tech: “The Future of Food is Female”

Jennifer Stojkovic, executive leader and founder of the Vegan Women Summit, announces the launch and tour of her new book, “The Future of Food is Female – Reinventing the Food System to Save the Planet.” The book is said to be the first to highlight the role of women CEOs, venture capitalists, scientists and entrepreneurs in the modern food tech industry.  Available April 5th in print and ebook versions, the book can be purchased worldwide through Amazon, Barnes & Noble and other booksellers.  “The Future of Food” features a collection of insightful stories from 15 women leaders in animal-free food tech, including Heather Mills, Miyoko Schinner (Miyoko’s Creamery CEO), Suzy Amis Cameron (Author and investor), Pinky Cole (Slutty Vegan CEO), among many more.  Women changing …

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Eat Just Egg

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Food & Beverage

Josh Tetrick States European Approval of JUST Egg is “One of the Most Important Milestones” in Eat Just’s History

Eat Just, Inc., announced yesterday that the approval of the mung bean protein as a novel ingredient by the  European Food Safety Authority’s (EFSA) panel has paved the way for JUST Egg to launch in Europe, with CEO and founder Josh Tetrick stating that this “will be one of the most important milestones for our company”. The regulatory approval of mung bean, the key ingredient in its popular plant-based JUST Egg products, will enable the initial launch of JUST Egg in Europe in mid-2022 after the European Commission concludes its review.  The announcement continues the momentum for JUST Egg’s global expansion, following its recent launches in South Africa and South Korea in addition to its existing presence in Canada, Hong Kong, Singapore and China. “Bringing …

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Eat Just

©Eat Just

Top Stories

Eat Just’s GOOD Meat Becomes Most Funded Cell-Cultured Company to Date with $267M Raised 

After announcing its recent partnership with the Qatari government, GOOD Meat, a division of Eat Just, has now raised $267 Million overall – the largest to date in the exploding cultivated meat sector. The cell-cultured meat pioneer has also added former USDA secretary Dan Glickman to its advisory board. “I’m proud to see our company take the next step toward building large-scale cultivated meat production” – Josh Tetrick Based in San Francisco, food tech Eat Just – parent of JUST Egg – has secured a further $97 million in new funding, in addition to the initial $170 million reported by vegconomist in May. The total $267 million of fundraising secured to date makes it the most the cell-cultured meat sector has seen. The rapidly expanding …

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Top Stories

Eat Just to Pursue Potential IPO to the Tune of $3 Billion?

After recently raising $170 million for the expansion of its cell-based meat division GOOD MEAT, San Francisco startup Eat Just is considering making moves towards an IPO in Q4 of this year or Q1 of the next. With a target valuation of $3 billion, the IPO could potentially establish Just Eat at the forefront of the cell-cultured meat revolution.  According to a report from Forbes, the producer of the industry-disrupting plant-based JUST Egg is targeting “at least” $3 billion in valuation in its potential public listing, with Co-founder and CEO Josh Tetrick confirming an IPO is “definitely getting closer.” Recently named as a “World-Changing Company of the Year” by Fast Company, Eat Just is said to be on track to reach several breakthroughs with its …

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GOOD MEAT Eat Just

GOOD MEAT ©Eat Just
Investments & Finance

Eat Just Secures $170M For Cell-Based Subsidiary GOOD Meat, Prepares for US Market Entry

Eat Just, the San Francisco startup well known for its hugely successful, industry-disrupting JUST Egg, today announces it has raised $170 million in fresh funding for the expansion of its cell-based meat subsidiary GOOD MEAT. With this transaction, GOOD Meat, the world’s first cell-cultured meat to be available to consumers, becomes a subsidiary of Eat Just, which announced a $200 million fundraise this March. “This investment points to what’s ahead: meat without killing animals will replace conventional meat at some point in our lifetimes,” Josh Tetrick Eat Just, recently named as a “World-Changing Company of the Year” by Fast Company, reports that GOOD Meat has been recently focused on staff recruitment, technology and manufacturing infrastructure to meet the surging demand and to prepare for market …

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JUST Egg at Sodeco

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Food & Beverage

China’s Interest in Vegan JUST Egg and Other Plant-Based Proteins Increases in Response to the Coronavirus Outbreak

According to Bloomberg.com, San Francisco food manufacturing company, JUST, producer of the vegan JUST Egg, is fielding increased inquiries from Chinese state-backed companies seeking animal-free protein sources amidst the coronavirus outbreak. 

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Top Stories

JUST Egg Announces Walmart Launch and Millionth Unit Sold

JUST inc, makers of JUST Mayo, is focusing entirely on the hugely successful JUST Egg product, which is outperforming conventional eggs in some sectors, announcing that it has sold 1 million units of the vegan liquid egg, which is the equivalent of 10 million poultry eggs. The company also announces the rollout into Walmart stores this week.

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Just Egg Food

© Just, Inc.
Company News

JUST Considers IPO After Major Success of Beyond Meat

According to CEO Josh Tetrick, the successful American startup JUST Inc., manufacturer of the plant-based egg substitute JUST Egg, could become the next listed vegan company. Tetrick told the news agency Bloomberg that JUST would go public “sometime”. “No timeline for it, but at some point we’ll do it. We’ll see that as a financing event.,” says Tetrick. Tetrick was impressed by the extremely successful IPO of Beyond Meat. At the beginning of May, the meat alternatives manufacturer was launched on NASDAQ and recorded a price gain of 163% on the first trading day. “When we raise capital, it attracts investors to the space,” Tetrick said, “and when others have really successful IPOs, like Beyond Meat did, it brings more attention to everyone.” Beyond Meat’s …

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just accelerator

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Company News

JUST Inc. Plans New Fundraising Round to Develop Lab Chicken, Pork and Beef

San Francisco food startup Just Inc. is changing course, from specializing in plant-based animal replacement products to creating cultured meat as well. To date, the flagship products have been Just Egg and Just Mayo, made from the liquid by-product of mung beans and peas, and now the company is planning a new round of fundraising ahead of an initial public offering to help raise money for developing chicken, pork and beef in a lab.

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