Eat Just, Maker of Plant-Based Eggs, Eyes $2 Billion Valuation
- San Francisco-based company was last valued at $1.2 billion
- Startup is seeking to become profitable before going public
Source: Eat Just
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Eat Just Inc., a startup that makes plant-based eggs, is seeking funding in what may be its last capital raising before an initial public offering, according to people with knowledge of the matter.
The Just Egg maker is working with an adviser to raise at least $200 million in a transaction that may value the company at $2 billion or more, said one of the people, who requested anonymity because the talks are private. Terms haven’t been finalized.