COSTA MESA, CALIF. — Plant-based meat startup Abbot’s Butcher has closed a Series A funding round led by Melitas Ventures. New investors Owen Wilson and Woody and Laura Harrelson joined the round alongside existing investors Unovis and SOSV. The amount raised was not disclosed.
Founded in 2017, Abbot’s Butcher produces alternatives to ground beef, chorizo and chopped chicken formulated with pea protein, vegetables, herbs, spices, extra virgin olive oil and vinegars. The products are free from soy, canola, gums, natural and artificial flavors and synthetic chemicals. The products are available in more than 800 retail and foodservice locations nationwide.
“Abbot’s Butcher is paving the way for the next generation of plant-based meat alternative products,” said Alex Malamatinas, managing partner at Melitas. “The company's products are uniquely positioned as premium plant-based meat alternatives which are attracting strong interest from grocery and foodservice.”
Kerry Song, founder and chief executive officer, plans to use the proceeds from the capital raise to grow the company’s foodservice business, expand retail distribution and support new product development.
“We are reframing the conversation around plant-based proteins,” Ms. Song said. “Where it’s not just about taste and mouthfeel. It’s about quality and celebrating the power of exceptional ingredients — showing that food can be both healing and satisfying. We’re fortunate to have such outstanding investors that share this mission.”