Plant-based egg maker Eat Just raises $200 million in new funding round | Reuters
Eat Just Inc said on Tuesday it had raised $200 million in new funding that will be used to boost capacity and expand into new markets, as the plant-based egg producer looks to meet the growing demand for alternative protein products.
Qatar’s sovereign wealth fund led the funding round, with private investment firm Charlesbank Capital Partners and Microsoft Corp co-founder Paul Allen’s Vulcan Capital also pitching in.
Representatives from Qatar Investment Authority and Charlesbank will also join Eat Just’s board, the company said.
Founded in 2011, San Francisco-based Eat Just is best known for its mung bean-based egg substitute called “JUST Egg” that it currently sells in the United States.
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