Meatless Farm, a Leeds, UK-based meat alternatives brand, closed $31M in funding.
The funding came from a mixture of existing and new private and family office investors.
The company intends to use the funds for growth plans in the UK, Europe, US and Asia as global markets, expand the product lines, and further build out the manufacturing operations in Canada.
Started in 2016 by Morten Toft Bech, Meatless Farm aims “to improve people’s health through better eating, whilst supporting the environment and reducing the world’s dependency on intensive farming.” The company spent over two years blending, researching, experimenting, and trialling different recipes and ingredients to create its sausage, hamburger and mince range before launching in 2018. It is now on sale in all four major UK supermarket chains, in Whole Foods in the US, and in many other countries.
The company has four offices worldwide – Leeds, Amsterdam, New York and Singapore.
FinSMEs
08/10/2020