Legume-based snack brand PeaTos has raised $12.5M in its Series B funding round. The round was led by CPG holding company Post Holdings.
Hungry Planet Raises $25M in Series A to Build Capacity for “Breakthrough” Vegan Meat Products
Hungry Planet, a St. Louis-based plant-based meat startup, has closed an oversubscribed $25 million Series A funding round led by Post Holdings Inc. The fresh capital will be used to expand production capacity for its plant-based meat products and accelerate growth in retail, foodservice and e-commerce, both domestically and internationally. Other investments from Post Holdings in the plant-based space include healthy snack brand Peatos. Michael Foods, a subsidiary of Post Holdings and the biggest supplier of poultry eggs to restaurants in the USA, last May partnered with Eat Just to distribute JUST Egg. During its pilot phase, Hungry Planet says it experienced overwhelming demand for its plant-based meat alternatives, which include plant-based chicken, pork, beef, lamb and turkey, as well as crab, chorizo, breakfast sausage …
