Beyond MeatThis week Tyson Foods announced that it made a follow-on investment into Beyond Meat, increasing the five percent ownership stake it established last year (terms were not disclosed). The latest fundraising round for Beyond Meat secured additional capital of $55 million. ‘We see Beyond Meat as a strategic and compelling consumer-focused investment,’ said Don Thompson. Traditional meat sales have been facing competition due to growing concerns about animal welfare and the environmental impact of intensive factory farming. This still pales in comparison to traditional meat sales, so they have a long way to go before they’re competing on a global scale.

Source: Forbes December 10, 2017 15:00 UTC