Egg-substitute maker Eat Just Inc. plans to build and operate its first plant protein facility in Singapore, with investment from a consortium led by Proterra Investment Partners Asia Pte.
The group will invest up to $100 million and Eat Just will put in as much as $20 million in the plant that aims to expand protein production in Asia, according to a joint statement on Tuesday. Proterra Asia, a private-equity firm spun off from agricultural giant Cargill Inc., said the funding will help the company set up a fully-integrated supply chain.
