The meat prices at McDonald’s

Beyond Meat, a meat substitute company whose packaging is part of the Beyond Burgers line of US supermarkets. The USA, praised its IPO.

The company plans to raise approximately $ 200 million from the sale of shares in its hamburger, chicken, and sausage substitute portfolio and sell 8.75 million common shares to a limit of $ 21 per share, which is well worth it. The meat would be $ 1 billion.

The Los Angeles-based public offering should be a good option for investors, DNS Capital, an investment company that manages the private wealth of the Pritzker family, and Cleveland Avenue, which was founded by the former president. CEOs of McDVOICE Don, Thompson, and Private-Little Perkins Equity Company and Obvious McDVOICE Ventures.

Another winner of the Beyond Meat public offering is the corporate investment arm of Tyson Foods. The meat processor and distributor invested in Beyond Meat in 2016.

The price

Until Now, this company has collected $ 122 million from other firms, that involves Obvious Ventures, Kleiner Perkins, Cleveland Avenue, DNS Capital, Tyson Ventures, Bill Gates, S2G Ventures, and many other giant firms, as per the reports of Crunchbase.

Although Beyond Meat has continued to increase sales from $ 16.2 million at the start of sales in 2016 to $ 87.9 million in 2018, the company remains a loss-making machine. Activities decreased $ 29.9 million in 2018, compared to $ 30.4 million in the prior year.

With the public offering, Beyond Meat is the first company-backed meat substitute to list its measures. However, other startups hope to follow this example. Impossible Burger is another well-funded startup offering burger alternatives, just like the current king of animal-free spices Just, who deals with lab-grown meat in his script.

Supporting all of this investment activity has the potential to shape McDVOICE much of the $ 270 billion that consumers spent on meat in 2017 in the United States alone. According to the data, consumers around the world bought $ 1.4 trillion in meat. by Fitch Solutions Macro Research, cited by the company.

In the United States, consumption of plant-based meat replacement products is constantly increasing. In the first half of 2018, Americans purchased $ 670 million in meat replacement products, according to a Nielsen study commissioned by the Plant-Based Food Association.