VANCOUVER, British Columbia--(BUSINESS WIRE)--No Meat Factory, a leading plant-based alternative protein manufacturer, today announced it has closed a Series B funding round totaling $42 million USD.
Beyond Meat is broken as a business and will probably file for bankruptcy in a few years.
Beyond Meat faces critical challenges including declining sales, unprofitability, debt burden, increased competition, and a diminishing market for plant-based meat products. The plant-based meat ...
Beyond Meat has announced a layoff of ~17% of its corporate headcount and a plan to exit operations in China. Even with these expected savings, the company is expected to generate large losses in FY25 ...
Beyond Meat has become the topic of conversation among meme stock investors following its four-day trough-to-peak ascent from $0.52 per share on Oct. 16 to a pre-market high of $8.85 on Oct. 22.