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The Better Meat Co. Secures $31M in Series A Funding to Advance Mycoprotein Innovation
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by Manny Larcher - Sacramento, Calif. — The Better Meat Co., a Sacramento-based innovator in plant-based protein solutions, today announced the close of its $31 million Series A funding round, bringing the company’s total funding to date to $43 million.
The round was led by Future Ventures and Resilience Reserve, with additional participation from Epic Ventures and Sigmas Group.
The new capital will be used to expand operations and accelerate the development of next-generation products featuring the company’s flagship ingredient, Rhiza™ mycoprotein.
Led by Paul Shapiro (CEO), Nikhil Prashar (CFO), Moran Farhi (EVP of Tech), and Andrea Choe (VP of Ops), The Better Meat Co. harnesses fermentation technology to create sustainable, nutrient-rich mycoprotein ingredients. Rhiza is a whole-food, clean-label protein that is shelf-stable, free from common allergens, and neutral in both taste and color, making it highly versatile across various applications. It also delivers a naturally meat-like texture.
According to the company, incorporating Rhiza into meat and alternative protein products enhances nutrition, improves mouthfeel, and reduces saturated fat, cholesterol, and calories—offering a healthier and more sustainable option for both consumers and food producers.
"This funding marks a major milestone for our mission to build a more sustainable protein supply," said Paul Shapiro, CEO of The Better Meat Co. "We’re excited to scale our operations and bring Rhiza to more partners and consumers worldwide."
sources;
The round was led by Future Ventures and Resilience Reserve, with additional participation from Epic Ventures and Sigmas Group.
The new capital will be used to expand operations and accelerate the development of next-generation products featuring the company’s flagship ingredient, Rhiza™ mycoprotein.
Led by Paul Shapiro (CEO), Nikhil Prashar (CFO), Moran Farhi (EVP of Tech), and Andrea Choe (VP of Ops), The Better Meat Co. harnesses fermentation technology to create sustainable, nutrient-rich mycoprotein ingredients. Rhiza is a whole-food, clean-label protein that is shelf-stable, free from common allergens, and neutral in both taste and color, making it highly versatile across various applications. It also delivers a naturally meat-like texture.
According to the company, incorporating Rhiza into meat and alternative protein products enhances nutrition, improves mouthfeel, and reduces saturated fat, cholesterol, and calories—offering a healthier and more sustainable option for both consumers and food producers.
"This funding marks a major milestone for our mission to build a more sustainable protein supply," said Paul Shapiro, CEO of The Better Meat Co. "We’re excited to scale our operations and bring Rhiza to more partners and consumers worldwide."
sources;
- FinSMEs – The Better Meat Co. Raises $31M in Series A Funding (Aug 22, 2025)
Key coverage: Round led by Future Ventures and Resilience Reserve; total funding now $43M; leads, plans for expansion. FinSMEs - AgFunderNews – Better Meat Co raises $31m Series A… (Aug 19, 2025)
Key coverage: Production scaling plans (9,000 to 90,000 liters), oversubscribed round details, executive leadership photo. AgFunderNews - Green Queen Wire – The Better Meat Co Brews Up $31M… (Aug 19, 2025)
Key coverage: Broader product applications, pricing strategy (undercutting commodity beef by 2026), ingredient benefits, strategic commercial agreements. Green Queen - Food Business News – The Better Meat Co. raises $31 million (Aug 21, 2025)
Key coverage: Implementation of continuous fermentation, 10× capacity scale-up, new board members including Steve Jurvetson and Glenn Hickman. Food Business News
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