# Met

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/met-2

- Industry: Food
- Headquarters: Shanghai, China
- Latest round: Angel (Sep 28, 2021)
- Investors on record: 1

## About

Based in Shanghai, China, established in 2020, Met is a food company that focuses on providing plant meat for catering company and customer. On the R&D side, the core person is a scientist Xiaomin Zhang who is known as the first person plant meat in China. On the supply chain side, shareholder Shandong Heda is the main raw material supplier. On the production side, a plant-based factory with an annual production capacity of 30,000 tons will be built. Besides, up to July 2021, it's daily production capacity is 2 to 2.5 tons. On the sale side, it mainly sold to catering company that has entered into a framework agreement and plan to purchase 500 tons.

The company provides plant meat. Specific product line includes main raw material soybean vegetable protein, core ingredients, core product Met series. 

The company plans to build a plant-based factory with an annual production capacity of 30,000 tons. On the production capacity sides, it plans to achieve 30,000 tons in 2022, 60,000 tons in 2024, 100,000 tons in 2026.

## Funding rounds

- Angel, Sep 28, 2021 — Fanqie Capital

## Investors

- Fanqie Capital (https://capitalatlas.ai/funds/fanqie-capital) — Angel