Walmart Announces Equity Investment In Sustainable Beef Llc To Provide More High-Quality, Affordable Beef To Shoppers
Round Type
Venture
North PlatteAgriculture and FarmingFood And BeverageDescription
Walmart and Sustainable Beef LLC announced today that Walmart signed an agreement to acquire a minority stake in Sustainable Beef LLC, a rancher-owned company based in North Platte, Nebraska. Walmart’s equity investment is part of a broader strategic partnership to source top-quality angus beef from Sustainable Beef LLC’s new beef processing facility. This partnership helps supplement the current beef industry and provides additional opportunities for ranchers to increase their business. As part of the investment, Walmart will also have representation on Sustainable Beef’s board.
Quick answer
Sustainable Beef raised an undisclosed amount in a funding round, dated August 31, 2022. Sustainable Beef is based in North Platte, Nebraska, United States.
- How much did Sustainable Beef raise?
- Sustainable Beef raised an undisclosed amount in a funding round on August 31, 2022.
- What does Sustainable Beef do?
- Headquartered in North Platte, Nebraska; Sustainable Beef is building a 1,500 head per day beef processing plant which will employ over 800 employees and provide cattlemen the opportunity to participate in a cooperative..
- Where is Sustainable Beef based and how big is it?
- Sustainable Beef is based in North Platte, Nebraska, United States.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Food And Beverage around the same time
Companies in the same sectors as Sustainable Beef that raised within 45 days of this round, from Fundz verified event records.
- Farmshelf Corp raised $375K (Seed) on October 14, 2022.
- Soli Organic raised $125M (Funding Round) on October 12, 2022.
- Inari raised $124M (Seed) on October 4, 2022.
- Innovafeed raised $250M (Series D) on September 20, 2022.
- The Green Coffee Company raised $100M (Series C) on September 8, 2022.
- Lumachain raised $20M (Series A) on August 25, 2022.
Who to call at Sustainable Beef, and when
A new round usually means Sustainable Beef is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sustainable Beef raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sustainable Beef, from your own LinkedIn network
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Fundz sees it the moment Sustainable Beef raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Sustainable Beef raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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