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Tattooed Chef, Inc.

United States ·Market cap:

Tattooed Chef made frozen plant-based foods like cauliflower pizza crusts, veggie bowls, and smoothie packs, and sold them in grocery stores before going bankrupt in 2023.

Tattooed Chef was a frozen food company built around a simple pitch: vegetables, but in the shapes and convenience of junk food. It sold things like cauliflower-crust pizzas, veggie-based bowls, plant-based burgers, and frozen smoothie packets, mostly under its own Tattooed Chef brand, and it also made store-brand frozen products for other companies. Shoppers bought the food in the freezer aisle of big grocery chains.

The money came from selling boxes of frozen food to grocery retailers, who then sold them to shoppers. The company's early success was real: it grew fast as plant-based eating became trendy, and it got a stock listing by merging with a special-purpose acquisition company, or SPAC, in 2020. That deal valued it at hundreds of millions of dollars and handed it cash to expand. It spent heavily on new production space and buying other food businesses to scale up quickly. Then the problems piled up. Costs rose, the plant-based hype cooled, and the company kept losing money while burning through the cash it had raised. Its efforts to grow manufacturing and win retail shelf space were expensive, and profits never arrived. By mid-2023 it filed for bankruptcy and sold off its brands and factories. The stock, which once traded for dollars, collapsed to pennies on the over-the-counter market, which is where failed listings often end up. The lesson is blunt: a trendy story and a SPAC listing can raise a lot of money, but a food company still has to sell enough frozen pizza at a high enough margin to cover its costs. Tattooed Chef never quite did, and that gap between ambition and grocery-aisle reality is what sank it.

Saved answer · last researched 23 Oct 2026