Bill Gates-Backed Vegan Burger Maker Beyond Meat Files for IPO

Photographer: Tim Rue/Bloomberg
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Beyond Meat Inc., the maker of vegan chicken and beef substitutes including the Beyond Burger, filed for a U.S. initial public offering.

The company filed with an initial offering size of $100 million, which is a placeholder that’s likely to change. The company’s backers include Microsoft Corp. co-founder Bill Gates and Don Thompson, McDonald’s Corp.’s former chief executive officer.