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The Better Meat

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Plant-based protein blends improving texture and nutrition in meat

West Sacramento, United StatesFounded 2018Food
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for The Better Meat and the history behind them.

About The Better Meat

Founded in 2018, The Better Meat Co. operates as a business-to-business ingredient supplier at the intersection of food technology and sustainability. The company was co-founded by Paul Shapiro, who serves as CEO, and Joanna Bromley. Shapiro's background as an author on food sustainability and a nonprofit executive focused on animal welfare deeply informs the company's mission to reduce the environmental impact of the meat industry. He transitioned from advocating for policy change to creating technological solutions, believing innovation could more rapidly address the sustainability crisis.

The company's core business revolves around producing mycoprotein ingredients through a specialized fermentation process. This process converts simple agricultural inputs, like potatoes and sorghum, into a whole-food ingredient with a meat-like texture in a matter of hours. The Better Meat Co. markets this primary product, named Rhiza™, to food manufacturers and meat processors. These clients use the ingredient to create fully animal-free meat products or to produce hybrid items, where a portion of the animal meat is replaced with mycoprotein. This business model generates revenue by supplying these ingredients directly to other companies, rather than creating its own consumer-facing brands.

Rhiza™ is a versatile, shelf-stable mycoprotein derived from the filamentous root structure of fungi, specifically *Neurospora crassa*, a strain with a history of safe consumption in Asian cuisine. Nutritionally, it is positioned as a compelling alternative, containing more protein than eggs, more iron than beef, and being a rich source of fiber, all while being free of cholesterol and common allergens. The ingredient's primary benefit is its ability to blend seamlessly into ground meats to improve nutrition, enhance yield, and lower costs for manufacturers, or to serve as a standalone base for meat analogs. The company has secured significant partnerships with major food industry players, including Perdue Farms, Hormel Foods, and Maple Leaf Foods, to incorporate its ingredients into new and existing product lines. Having received GRAS status from the FDA and regulatory approval in Singapore, the company is scaling its production to meet demand.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
West Sacramento, United States
Employees
46
Open positions
None listed
Dealroom signal
84.5/100
Sub-industry
Innovative Food
Sector
Food, Food Processing, Biotechnology, Nutrition, Beef, Synthetic Biology, Plant-Based, Alternative Protein, Meat Substitute, Sustainable Development Goals, Nutrition Solution, Macro-Nutrients
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2025 $31M $124M EPIC Ventures · Sigma Ventures · Resilience Reserve · Future Ventures ↗
GRANT✓Other financing Aug 2024 $1.4M — US Department of War ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

The Better Meat website traffic

Latest recorded traffic for The Better Meat is 3.7K monthly website visits, down 2.6% over the last three months. The Better Meat's team grew 17.9% over the past year.

Latest monthly visits3.7K 3-month web change-2.6% 1-year team growth+17.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Greenlight Capital
  • Green Circle Capital Partners
  • Level Ventures
  • Johnsonville Sausage
  • BIRD Foundation
  • US Department of War

Series A5 investors entered at this stage

  • Lever VC
  • Resilience Reserve
  • Future Ventures
  • EPIC Ventures
  • Sigma Ventures

Other known investors5 additional known investors

  • Anna Sweet
  • Capital V
  • Climate Capital
  • FutureFoodCo
  • Hanfield Venture Partners
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States92.9%
🇫🇷 France7.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about The Better Meat on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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