Tyson Foods has reinvested in the vegetarian burger producer as part of a round led by venture capital firm Cleveland Avenue.
Beyond Meat, the US-based creator of a vegetarian burger designed to taste and feel like meat, has raised $55m in funding from investors including food producer Tyson Foods.
The round was led by Cleveland Avenue, the venture capital firm founded by Don Thompson, formerly chief executive of fast food group McDonald’s Corporation.
Beyond Meat produces its own proteins that function as meat substitutes, and its burgers are sold at more than 19,000 US retail locations.
The funding will support research…