Alt Meat Startup Meati Back from the Brink but Not Out of the Woods
May 20, 2025 | 1 min to read
The Colorado-based alt meat startup Meati has assigned its assets to attorney Aaron Garber for a planned sale to Meati Holdings for $4 million. This move aims to “preserve the operational value of the company, maximize recovery for creditors, and reduce collateral damage” compared to liquidation. Additionally, Meati has secured bridge funding, allowing it to maintain operations and temporarily avert a financial crisis that could have jeopardized the company.
According to BusinessDen, filings in Adams County District Court indicate Meati has assigned the business’ assets to attorney Aaron Garber to prepare for a sale to a new company called Meati Holdings for just $4 million.
Garber wrote that this would “preserve the operational value of the company, maximize recovery for creditors, and reduce collateral damage to stakeholders and interested parties when compared to a liquidation.”
Colorado-based alt meat startup Meati has secured some bridge funding that is enabling it to maintain operations, temporarily averting a financial crisis that had threatened to sink the company, AgFunderNews understands.
To read more, please visit AgFunder News.