Post Holdings leads $25M funding round for Hungry Planet

Dive Brief:

  • Plant-based meat startup Hungry Planet Inc. has closed an oversubscribed $25 million Series A financing round led by Post Holdings and including Singaporean investment group TRIREC and other unnamed “plant-forward” investors, according to a press release.
  • Founded in 2016, Hungry Planet has sold more than 4 million servings of its plant-based meats around the world, according to the company. CEO and Co-founder Todd Boyman said it will use the new funding to expand further in retail, foodservice and e-commerce in the U.S. and overseas.
  • The company’s broad product line, which includes plant-based chicken, pork, beef, lamb, turkey,
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