Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Beyond Meat files for a sustainable-protein IPO



ImpactAlpha, November 19 – Private investors have been pouring capital into the “alternative meat” sector. Beyond Meat, known for its “bloody” vegetarian burger, will test the public market. Now, the California-based firm will list on Nasdaq as BYND, according to its federal filing.

California-based Beyond Meat, which launched in 2009, is known for its “bloody” vegetarian burger. The firm has developed a presence in supermarkets like Whole Foods and has raised more than $100 million from celebrities like Bill Gates and Leonardo DiCaprio, McDonald’s former CEO, and mainstream meat companies like Tyson Foods. Obvious Ventures owns a 10% stake.

Beyond Meat’s foray into the public markets marks a progression in the sustainable protein sector. Its planned IPO is modest—only $100 million, Forbes reports. There are “vegan friendly” public  stocks, but “meatless meat” rivals like Impossible Foods, which has raised nearly $400 million in debt and equity capital, have yet to take such a step.

You might also like...