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,