The company raised a $9.5 million equity round.

The five suits will be centralized to the US District Court of the Northern District of Illinois.

Bloomberg report said the changes follow a 6% reduction in its workforce in October.

The startup aims to scale mycelium-based meat alternatives.

Sherene Jagla has more than two decades of experience in sales, marketing and general management.

Beyond Steak will also be available in Costco stores across the Southwest.

Matrix F.T. combined cultured chicken cells with a plant-based mixture.

The plant-based items will be available in 1,500 stores.

More clarity around traceability and plant-based meat labels could be in store.

The two companies will develop products using Rhiza mycoprotein.