Beyond Meat secures US$100 million financing facility from Ahimsa Foundation affiliate

Beyond Meat has secured a senior secured loan facility of up to US$100 million from Unprocessed Foods, an affiliate of the Ahimsa Foundation, providing a new source of liquidity as the company continues to execute its strategic priorities.

The financing, announced on 7 May 2025 will help Beyond Meat fund general corporate purposes and explore further steps to strengthen its financial position. The delayed-draw term loan carries an interest rate of 12% before an initial maturity date of 7 February 2030, increasing to 17.5% afterward. Both rates are payable in kind. The maturity may be extended by mutual agreement to 2035.

“This facility provides us with additional liquidity as we advance our strategic priorities and invest opportunistically to help us drive our growth plans,” commented Ethan Brown, Founder, President & CEO of Beyond Meat. “We are pleased to welcome a new investor who deeply understands our industry and is mission-aligned with our plant-based ethos.”

As part of the agreement, Unprocessed Foods will receive warrants proportional to the amount drawn. These give the right to purchase up to 12.5% of Beyond Meat’s currently outstanding shares, with the exercise price set at 115% of the average daily volume-weighted average prices over a 30-day period beginning 8 May 2025. The price is subject to a floor of US$2.00 and a cap of US$3.75.

Shaleen Shah, President of Ahimsa Foundation, said the investment reflects long-term confidence in the company. “Beyond Meat is a category-leading business with exceptional products, a strong commitment to nutrition and ingredient integrity, and a globally recognized brand. This reflects our expectation to be invested in Beyond Meat’s growth and success for the long term,” he said.

The company has faced significant headwinds over the past two years amid increased competition and shifting consumer demand, but Brown said Beyond Meat is continuing to assess ways to shore up its balance sheet and position the business for the future.