Industry responds to Meati collapse

Earlier this week, it became clear that — in just a few seconds and with the stroke of a pen — Boulder, Colo.-based Meati Foods had lost more than 99% of its value.

While the company, which has said it doubled revenue in 2024 and is on shelves in more than 7,000 retail stores, has remained uncharacteristically mum on the situation, alt-meat sector players came out in force to parse the story.

From an investor’s…