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GOOD Meat, a division of Eat Just, secures $170m funding


GOOD Meat, a division of Eat Just, secures $170m funding
Photo: Eat Just
May 19, 2021
US-based alternative protein maker Eat Just Inc’s GOOD Meat division has secured $170 million in new funding, which will be used to increase the capacity and accelerate research and development for non-slaughtered meat. 
Backers of the investment include funds managed by UBS O’Connor, Graphene Ventures, and K3 Ventures.
With this transaction, GOOD Meat, which produces cultured meat from animal cells, becomes a subsidiary of Eat Just, which has operations in Singapore. 
GOOD Meat chose to launch its cultured chicken first in Singapore as the country’s regulatory environment is supportive of food innovation and alternative protein sources, according to its website. ....

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Eat Beyond invests in hemp, adaptogen-infused sparkling water brand Daydream


Eat Beyond Global Holdings, which has acquired a slew of alternative protein food brands in the past year, has made an investment in Daydream Drinks, a hemp and adaptogen-infused sparkling water brand based in Canada.
Eat Beyond joins Global Edge Investments, a Toronto-based investment and management company, and other industry veterans including Jorn Socquet, a 14-year executive from AB InBev, as an early-stage investor in Daydream.
As the first beverage brand investment for Eat Beyond (the firm s portfolio includes several alternative protein companies such as Eat Just Inc., Above Food, Nabati Foods, among others).
Commenting on the investment, Eat Beyond CEO Patrick Morris said, ....

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