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Robert Downey Jr. is backing a vegan bacon company. The actor's investment arm is one of several investors in alternative protein company Atlast Food. 

Apr 20, 2021 Atlast Food Co., the mycelium food company growing the future of plant-based meats, announced it has raised $40 million in a Series A round to develop and supply whole cut plant-based meat to partners around the globe, including directly to consumers through its own brand MyEats. Viking Global Investors led the round with participation from 40 North, AiiM Partners, Senator Investment Group, Stray Dog Capital, Footprint Coalition Ventures and others. Also joining were the leaders and founders of food and CPG companies, including Applegate, Stonyfield, and Whole Foods. This funding...

Shares Today, New York-based startup Atlast Food Co. announced that it has raised a $40 million Series A funding round to help it bring mushroom-based vegan meat products to consumers everywhere. Under its MyEats brand, Atlast makes vegan MyBacon from mycelium (the fast-growing root systems of mushrooms) by first producing “mushroom belly” which is sliced and brined. The resulting mushroom bacon mimics pork bacon in taste and texture—a key differentiating factor from other plant-based meats on the market. While many plant-based products such as burgers, grounds, and chicken are made fro...

Dive Brief: Atlast Food Co., which makes alternatives to bacon out of mushroom mycelium through its MyEats brand, raised $40 million to develop and supply whole-cut meat alternatives to partners worldwide through development and scaling its technology. Atlast President Stephen Lomnes said the company is currently building the nation's largest mycelium production facility. Viking Global Investors led the funding round. It was joined by 40 North, AiiM Partners, Senator Investment Group, Stray Dog Capital and the Footprint Coalition. Leaders and founders from different food and CPG companies, in...