Chunk Foods, a leading player in the plant-based industry, has formed an investment and collaboration agreement with Better Balance to create a new line of plant-based whole cut meats. This partnership underscores the growing global interest in high-quality plant-based proteins, enabling Better Balance to expand its offerings to a broader audience with Chunk’s innovative products. The co-branded Chunk products are now available for foodservice in Mexico.
This development comes on the heels of Chunk Foods securing an additional $7.5 million in seed funding led by Cheyenne Ventures, showcasing continued investor confidence in their vision and the potential of plant-based whole cuts. This latest funding round brings Chunk’s total seed funding to $22 million, making it one of the largest in the alternative protein sector. With previous funding rounds included, Chunk Foods has raised over $24 million from investors such as Fall Line Capital, The MIT E14 fund, Cheyenne Ventures, Better Balance, Key1 Capital, and Robert Downey Jr.’s FootPrint Coalition.
Beyond financial benefits, the collaboration between Chunk Foods and Better Balance signifies a dedication to innovation, sustainability, and the expansion of the premium plant-based market.