A team of Pillsbury lawyers represented San Francisco-based food technology company Eat Just, Inc. in its recently announced $200 million funding round led by the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar; joined by private investment firm Charlesbank Capital Partners and Vulcan Capital, the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen.
Eat Just has raised more than $650 million since its founding in 2011 and has earned a valuation of more than $1 billion. The company is using the funding to build capacity for Eat Just’s pioneering products, accelerate research and development programs and build its brands in key international markets.
Eat Just is a developer of plant-based egg alternatives and lab-grown meat with a mission to build a healthier, safer and more sustainable food system, and 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.
The Pillsbury team was led by Silicon Valley-based Corporate partner Gurpreet Bal and included associates Kendy Chan, Janessa Ingram and Grace Lee. Partner Philip Tendler and counsel Cecilia Wang advised the team on Finance matters and partner C. Brian Wainwright advised the team on Tax matters.