Bill Gates backed meatless burger maker Beyond Meat files for IPO

USA(Bloomberg) - Beyond Meat Inc., the maker of vegan chicken and beef substitutes including the Beyond Burger, filed for a U.S. initial public offering. The company filed with an initial offering size of $100 million, which is a placeholder that’s likely to change. The company’s backers include Microsoft Corp. co-founder Bill Gates and Don Thompson, McDonald’s Corp.’s…

Beyond Meat to launch its plant-based ‘Beyond Burger’ in the UK

UK - The Los-Angeles producer of plant-based meat alternatives Beyond Meat has signed a distribution deal with the Authentic Food Co (TAFC) that will see a debut of its plant-based burger ‘Beyond Burger’ in the UK. This forms part of the company’s extensive global expansion plans for the summer to offer solutions to growing global…

Beyond Meat to target sales in Europe, Asia and Africa this year

USA - The Los Angeles plant-based meat substitute producer, Beyond Meat is seeking to go beyond the US in a global expansion as it targets to enter over 50 new markets around the globe. According to an article by FoodBev, the brand will work with leading distribution and foodservice partners to roll out its Beyond…

Beyond Meat increase research capabilities with new facility

US - Beyond Meat, the Los Angeles-based producer of plant-based meat substitute has announced plans to build a new research and development facility at El Segundo in Los Angeles. The research facility is purposed to improve on the outcome of their research abilities to enable the consumers make sound decision about plant sourced versus animal…

Tyson Foods invests in plant-based protein producer Beyond Meat

USA - Tyson Foods, Inc., an international leader in the food industry, has made an additional investment in plant-based protein producer Beyond Meat. Through Tyson’s venture capital fund, the company chose to participate in Beyond Meat’s most recent fundraising initiative, which is designed to generate additional capital to help the business continue to expand its…

Leonardo DiCaprio invests in veggie burger maker

USA - Leonardo DiCaprio has joined the likes of Bill Gates and Twitter co-founders Biz Stone and Evan Williams in becoming an “official investor and advocate” of California-based startup Beyond Meat. The Beyond Burger – the plant-based patty that cooks and looks like meat – has expanded rapidly since it was launched last year. It’s…