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Mushroom meat startup evicted from plant; assets seized over taxes
BusinessDen· 2026-02-03 02:06
Mushroom meat alternative Meati, which got a new owner in October, has been evicted from its manufacturing facility in Thorton and had equipment and assets seized over unpaid taxes.Notices on the door of the 115,000-square-foot facility at 14831 Washington St. indicate that the eviction took place weeks ago. Signs also say the company owes $16 million in taxes: $9.2 million to Thornton for sales and use taxes and $6.7 million to Adams County for property taxes.The eviction caps off a tumultuous year for Bou ...
Why Beyond Meat Plummeted 78% in 2025
Yahoo Finance· 2026-01-08 11:14
Key Points Beyond Meat continues to report declining sales and net losses. The industry has experienced a slowdown, and interest in alternative meat products is waning. Management is cutting costs and extending debt to stay afloat. 10 stocks we like better than Beyond Meat › Shares of Beyond Meat (NASDAQ: BYND) stock plunged 78% in 2025, according to data provided by S&P Global Market Intelligence. Revenue continues to slide, profits are nonexistent, and the situation is starting to look dire. I ...
Matr Foods secures €20m in Series A to scale up production
Yahoo Finance· 2025-10-21 13:32
Danish alternative-meat start-up Matr Foods is looking to scale up production after raising €20m ($23.2m) in a Series A funding round. Alongside the funding, the food tech company completed a previously agreed €20m venture debt facility from the European Investment Bank. The equity financing was co-led by existing backer Novo Holdings and new investor the Export and Investment Fund of Denmark, the Copenhagen-headquartered group said in a statement. Matr Foods plans to use the proceeds to expand fermenta ...