Media Coverage 04.15.21
Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
05.18.21
Led by Silicon Valley-based partner Gurpreet Bal, a team of Pillsbury lawyers represented Eat Just Inc., the San Francisco-based food technology company on a mission to build a healthier, safer and more sustainable food system in our lifetimes, in an initial $170 million fundraise to help expand its cell-based meat subsidiary GOOD Meat. The funds were raised from UBS O’Connor, a hedge fund manager within UBS Asset Management, Graphene Ventures, K3 Ventures and others.
This funding is being used to increase GOOD Meat’s production capacity and accelerate research and development for high-quality, real meat made from animal cells instead of slaughtered livestock.
Earlier, in March 2021, Pillsbury represented Eat Just in a $200 million fundraise to build capacity for its pioneering products; accelerate R&D programs and build its brands in key international markets.
Eat Just’s expertise, from functionalizing plant proteins to culturing animal cells, is powered by a world-class team of scientists and chefs spanning more than a dozen research disciplines.
The company has been recognized as one of Fast Company’s “Most Innovative Companies,” Entrepreneur’s “100 Brilliant Companies,” CNBC’s “Disruptor 50” and a World Economic Forum Technology Pioneer.
Read more about the transaction here.
In addition to Bal, the Pillsbury team included Corporate senior associate Paul Casas and associate Grace Lee; Tax senior counsel Laura Watts; and Finance counsel Cecilia Wang.