Hey Maet is a plant-based food company in China.
Hey Maet uses pea, soy and rice protein to make beef and pork products. They have announced the significant investment as well as a partnership with Shuangta Food, a pea protein company that supplies Beyond Meat. Moreover, it has received investment from Shenzhen Tiantu Capital and UpHonest Capital, Welight Capital, Junsheng Capital, and a VC founded by Silicon Valley angel investor Wei Guo.With the new capital and collaboration, Hey Maet says that it plans to ramp up R&D, establish its own laboratory in Shanghai and launch its products in thousands of restaurants across China by the end of 2021.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 30, 2020 | Series A | $1.50M | 2 | — | — | Detail |
Aug 20, 2020 | Angel | ¥10M | 3 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Junsan Capital | — | Series A |
Welight Capital | — | Series A |
Shuangta Shipin | — | Angel |
Tiantu Capital | — | Angel |
UpHonest Capital | — | Angel |