What is Hungry Planet?
Hungry Planet is a Saint Louis, Missouri-based food and beverage company dedicated to producing delicious and nourishing plant-based meat alternatives. The company aims to provide consumers with high-quality, sustainable options that do not compromise on taste or texture. By focusing on innovation in food science, Hungry Planet is positioned to capture a significant share of the rapidly expanding plant-based food sector, catering to both flexitarian and vegan consumers seeking healthier and more environmentally friendly dietary choices.
How much funding has Hungry Planet raised?
Hungry Planet has raised a total of $25.4M across 3 funding rounds:
Debt
$150K
Debt
$234K
Series A
$25M
Debt (2020): $150K with participation from PPP
Debt (2021): $234K led by PPP
Series A (2021): $25M supported by Post Holdings and TRIREC
Key Investors in Hungry Planet
Post Holdings
Post Holdings is a prominent consumer packaged goods holding company with a diverse portfolio, likely providing strategic operational expertise and market access for Hungry Planet's expansion.
TRIREC
TRIREC is a venture capital firm focused on decarbonization, suggesting a strategic alignment with Hungry Planet's sustainable food mission and potential for global market development.
PPP
Public-Private Partnership
What's next for Hungry Planet?
The recent major strategic investment signals a pivotal phase for Hungry Planet, likely enabling significant expansion of production capabilities, further research and development into new product lines, and broader market penetration. This capital infusion is expected to accelerate the company's mission to make plant-based eating more accessible and appealing. The company's focus on enterprise-level funding suggests a strategic intent to scale rapidly and potentially challenge established players in the food industry, leveraging its innovative product portfolio to drive future growth and market leadership.
See full Hungry Planet company page
