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§ Private Profile · Albany, NY, USA
A food technology company growing mycelium-based, whole-cut meat alternatives for alternative protein and plant-based CPG markets.
Atlast Food Co., which rebranded its consumer operations to MyForest Foods, is a Green Island, New York-based food technology company that cultivates mycelium to produce plant-based, whole-cut meat alternatives. The enterprise operates a 120,000-square-foot vertical farming facility capable of generating approximately three million pounds of mycelium annually for its flagship meatless bacon product, which is distributed to grocery stores and restaurants. To scale its manufacturing capabilities and expand its retail distribution network across the Eastern United States, the company secured a $40 million Series A round in 2021 followed by an additional $15 million financing tranche in 2023. The firm's capitalization table features venture capital investments from Viking Global Investors, Applegate, and Robert Downey Jr.'s FootPrint Coalition. Atlast Food was established in 2019 by Eben Bayer as a spin-off from the biomaterials enterprise Ecovative Design.
Atlast Food has raised $40.0M across 1 funding round.
Atlast Food has raised $40.0M in total across 1 funding round.
Atlast Food has raised $40.0M in total across 1 funding round.
Atlast Food's investors include Viking Global Investors, 40 North Ventures, AiiM Partners, Robert Downey Jr., Senator Investment Group, Stray Dog Capital.
Atlast Food has raised $40.0M across 1 funding round. Most recently, it raised $40.0M Series A in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 16, 2021 | $40M Series A | Viking Global Investors | 40 North Ventures, AiiM Partners, Robert Downey JR., Senator Investment Group, Stray DOG Capital | Announced |