Meati Foods, a leader in clean, whole-cut alternative meats announced the closing of its $50 million Series B.

The oversubscribed round was co-led by new investor BOND and long-time Meati investor Acre Venture Partners. They were joined by other existing investors, including Prelude Ventures, Congruent Ventures, and Tao Capital.

Meati creates high-protein, high-fiber and nutrient-dense meats using mycelium- the muscular root structure of fungi - as its single main ingredient. Meati provides superfood-level nutrition; for example, just 4.5 ounces of Meati steak offers 25 grams of complete protein, more than one third of daily fiber needs, and contains essential vitamins and minerals.