Meati Foods brings live Mega Ranch facility to scale national footprint by late 2023
Meati Foods, an American animal-free, whole-food protein producer, has brought online its industrial-scale production plant in Thornton, Colorado to meet growing consumer demand for whole-food proteins.
Named Mega Ranch, the manufacturing facility is designed to scale Meati Foods to an omnichannel, national footprint by late 2023 with the growing, harvesting, processing, and packaging of the company’s products under one roof.
The production facility is partly funded by the company’s Series C round and is expected to cultivate Meati at an annual rate of tens of millions of pounds by late 2023.
Tyler Huggins — Meati Foods CEO and co-founder said: “Meati delivers an unparalleled food with its taste, texture, nutrition, and purity, and we’re thrilled to open this first and subsequent phases of the resource-efficient ‘Mega Ranch’ facility to help even more consumers add it to their diets.”
The Eat Meati product line, which is produced at the Mega Ranch, currently includes the Classic Cutlet, Crispy Cutlet, Classic Steak, and Carne Asada Steak.
Fazeela Abdul Rashid — Revolution Growth Partner and Meati Foods board member, said: “… Meati’s state-of-the-art, scalable production capabilities coupled with its focus on meeting consumer needs for clean, whole-food protein make it clear they are positioned to lead.
“Tyler and the team have a vision for a new food category with pure ingredients and taste that doesn’t compromise. We are excited to continue working with them to reach the next level and bring Meati to more consumers across the U.S.”
The Mega Ranch facility, with Series C round funding and most recent contribution by Rockefeller Capital, is expected to position Meati on its road to $1 billion in run-rate sales by 2025, according to the company.
Meati Foods’ Series C round led by Revolution Growth brings total funding to date to more than $250 million.
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.