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Meati Foods Adds 2,000 Retail Locations; Raises $100M; Phil Graves Details

Meati Foods Adds 2,000 Retail Locations; Raises $100M; Phil Graves Details


BOULDER, CO
Monday, May 13th, 2024

Meati Foods is expanding its national footprint. The company recently announced its expansion into 2,000 Kroger stores in April. In addition, the company raised over $100 million in a C-1 round led by Grosvenor Food & AgTech.

Phil Graves, Chief Executive Officer, Meati Foods“Meati is on a mission to make MushroomRoot the undisputed leader of the center of the plate. The backing of our investors, the belief by retailers nationwide, the love from our customers, and the commitment from our employees leave no doubt in my mind that we’re on the right path to get there,” said Phil Graves, Chief Executive Officer.

According to a press release, three products in the Eat Meati® line are now available in Kroger’s Family of Companies stores, including Kroger, Ralphs, Mariano’s, City Market, King Soopers, and others.

Meati has raised over $100 million in a C-1 round led by Grosvenor Food & AgTechAdditional news is that Meati Co-Founder and Chief Innovation Officer Tyler Huggins will transition to an advisory role to support the company’s continued growth.

Tyler Higgins, Co-Founder and Chief Innovation Officer, Meati Foods“When Justin Whiteley and I founded Meati, we set out to harness the power of nature to make awesome products that were a positive force for good in the world,” said Huggins. “It’s inspiring to see how far we’ve come in a short period of time, and I’m ready to pass the day-to-day running of the company to  and the leadership team to take it to the next level.”

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