Jay-Z Invests In Plant-Based Chicken Brand - Plant Based News
Jay-Z Invests In Plant-Based Chicken BrandJay-Z Invests In Plant-Based Chicken Brand Specific details on Jay-Z's investment have yet to be announced - Media Credit: Kim Erlandsen, NRK P3

Rap Icon Jay-Z Invests In Plant-Based Chicken Brand Now Valued At $250 Million

The celeb's venture brand invested in Simulate - which describes itself as the 'Tesla of chicken'


2 Minutes Read

Rap icon Jay-Z has invested in plant-based chicken brand Simulate.

The star has invested in multiple plant-based brands in the past, such as Oatly and Impossible Foods.

Jay-Z investment

His latest business move, made through Marcy Venture Partners, will help Simulate develop meat-free products beyond its flagship NUGGS. 

According to Bloomberg, Simulate is now valued at a staggering $250 million. 

A spokesperson for the brand confirmed Jay-Z’s investment but declined to provide specific details. 

NUGGS is rebranding its name to Simulate

The ‘Tesla of chicken’

Simulate – which describes itself as the ‘Tesla of chicken’ recently announced the debut of its vegan nuggets in 800 Walmart stores and 400 Target outlets across the US.

The brand’s plant-based chicken is made primarily from texturized pea protein technology enabling it to create a ‘tender and juicy nugget that is more advanced than an animal-based nugget’.

They contain 13g of protein (about 25 percent more than animal-based) and 10g of fat (about 40 percent less than animal-based). Moreover, they’re cholesterol-free.

“NUGGS is the intersection of food and the internet,” Ben Pasternak, the company’s founder said.

“We set out to make the best nugget period, a chicken nugget simulation is just the baseline.”

Simulate X McCain Foods

Last year, Simulate partnered with global giant McCain Foods to help it ‘accelerate’ growth and ‘deliver market scale’.

Mauro Pennella is the Chief Growth Officer at McCain Foods. He said: “NUGGS is an incredible product in itself and a very tasty chicken nugget simulation.

“Furthermore, the NUGGS teams approach to fast, iterative innovation, based on constant consumer feedback is a great way to create products people love.”

Millions around the world trust Plant Based News for content about navigating our changing planet & our role in it.

Our independent team of journalists
and experts are committed to making an impact through a wide range of content—and
you can help by supporting our work today.


The Author

Liam Gilliver

Liam is the former Deputy Editor of Plant Based News. He has written for The Independent, Huffington Post, Attitude Magazine, and more. He is also the author of 'We're Worried About Him'.

More by Liam Gilliver iconography/arrow-right


Leave a Comment

Plant Based News Comment Policy

In short:- If you act with maturity and consideration for other users, you should have no problems. Please read our Comment policy before commenting.

Comments [0]  
Would love your thoughts, please comment.x