US-based Eat Just, Proterra invest $120m in plant-based protein facility in Singapore

US-based food manufacturing firm Eat Just and a consortium led by the food and agribusiness-focused investment manager Proterra Investment Partners Asia will invest $120 million in what will be the first and largest plant-based protein production facility in Singapore.

The consortium will invest up to $100 million, and Eat Just — the company behind the popular plant-based JUST Egg —will invest the balance, according to an announcement on Tuesday. Eat Just said its local subsidiary, Eat Just Asia, will serve JUST Egg’s manufacturing and distribution partners across Asia.

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