Community
Print
Food-tech brand Eat Just has sold the equivalent of 100 million chicken eggs.
The company celebrated the landmark achievement on Twitter, where it described itself as ‘the fastest-growing egg brand in the US’.
It added: “This is a major milestone for us in our mission to build a better food system. We’re incredibly grateful that you’ve been a part of getting us here.”
Eat Just investment
Recently, Eat Just secured a staggering $200 million in its latest investment round – led by the Qatar Investment Authority (QIA).
Other investors include the sovereign wealth fund of the State of Qatar; Charlesbank Capital Partners and Vulcan Capital. Eat Just, which has raised more than $650 million since 2011, will add QIA and Charlesbank to its Board of Directors.
The money will be used to build capacity for Eat Just’s pioneering products. It will also help accelerate research and build its brands in ‘key international markets’.
‘A more sustainable food sytem’
Josh Tetrick is the co-founder and CEO of Eat Just. In a statement sent to PBN, he said: “We’re very excited to work with our investors to build a healthier, safer and more sustainable food system.
“Their knowledge and experience partnering with companies that are transforming numerous industries were fundamental in our decision to partner with them.”
Moreover, Sandor Hau is the managing director at Charlesbank. He added: “Eat Just is the leader in the rapidly growing plant-based egg alternatives and cultured meat markets.
“Josh and his team have defined the category and are making a global impact. We’re excited to partner with them at this exciting stage.”
