After Meati’s Collapse, Chunk Foods Bets on Profitable Alt Meat

Chunk Foods, an Israeli food-tech company producing whole-cut plant-based meat through solid-state fermentation, is targeting company-wide profitability by late 2027 while rapidly expanding across the United States. According to AgFunderNews, the startup grew revenue by 140% in 2025, expects another 100% increase this year, and is gaining traction through major retail partnerships and a capital-efficient production model.

The alternative protein sector has faced significant challenges in recent years, highlighted by the collapse of Meati, one of the industry's most closely watched startups. However, Chunk Foods believes its approach offers a more sustainable path to growth.

According to AgFunderNews, the company recently secured distribution through major retailers including Whole Foods Market, Sprouts Farmers Market, and H.E.B., while also expanding its presence in foodservice channels throughout the United States.

Founder and CEO Amos Golan says the company’s products are already profitable on a unit basis despite being manufactured in Israel and shipped frozen to the US market. The broader goal is to achieve full company profitability during the second half of next year.

One of the key drivers behind the company’s momentum is the growing consumer demand for protein-rich foods. While the plant-based meat category remains relatively stagnant, demand for convenient, high-protein products continues to increase.

A four-ounce Chunk Foods steak contains 25 grams of protein, 3 grams of fiber, 4.5 grams of fat, and 160 calories, positioning it as an option for consumers focused on protein intake, including those using GLP-1 weight-loss medications.

As reported by AgFunderNews, Golan believes the company's success stems from aligning its products with broader nutrition trends rather than relying solely on the plant-based label.

The company also sees an opportunity in rising beef prices. Traditional beef prices have increased significantly over the past several years, narrowing the price gap between conventional meat and premium plant-based alternatives.

Chunk Foods products typically retail between $16 and $24 per pound, placing them closer to premium steak products than many consumers might expect. The company also highlights that its products maintain their weight during cooking, unlike conventional meat, which can lose moisture and mass.

A major differentiator is the company’s production technology. Unlike some competitors that invested heavily in expensive fermentation infrastructure, Chunk Foods relies on a solid-state fermentation process using soy flour, which serves as both the fermentation medium and the final food ingredient.

According to AgFunderNews, this approach reduces waste, lowers capital expenditure requirements, and allows production capacity to grow in line with market demand rather than requiring large upfront investments.

The startup currently distributes products to more than 3,000 locations across the United States and works with foodservice distributors including Sysco, US Foods, Chef’s Warehouse, and EFG. Restaurants, universities, hospitals, hotels, and corporate dining operators are increasingly adopting the products as versatile protein options.

Beyond the US, Chunk Foods is also expanding in Israel and Mexico, where it has partnered with Sigma Alimentos, one of Latin America’s largest food companies.

Since its founding in 2020, the startup has raised approximately $24.5 million from investors including Cheyenne Ventures and Fall Line Capital.

Looking ahead, the company plans to continue expanding production capacity while evaluating future manufacturing opportunities in the United States. If growth continues at its current pace, Chunk Foods could become one of the few alternative protein companies to successfully combine scale, profitability, and competitive pricing in a challenging market.