EATS $EATS ’s portfolio company Eat Just Inc. has secured a $170 M (US) funding round for its GOOD Meat subsidiary.
Eat Just has an over $1 bil valuation and just raised a $200 M (US) financing round in March 2021.
The new funding will help GOOD Meat increase capacity and accelerate research and development for high-quality
GOOD Meat :
- has potential to radically disrupt current animal protein processes
- reduces the massive carbon footprint of traditional factory faming
- reduces the large amounts of water, land and other resources trad. factory farming uses
- avoids the risk of exposing the world to potential zoonotic diseases
full news release
https://www.newswire.ca/news-releases/eat-beyond-portfolio-company-eat-just-secures-170-million-858246670.html
$EATS up 7.1% today @$1.06 , market cap $20.97 M