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Cultimate Foods raises €2.3 million in seed round led by High-Tech Gründerfonds to scale up production processes and expand collaborations

Apr 23, 2024over 1 year ago

Amount Raised

€2.3 Million

Round Type

seed

BerlinBiotechnology

Investors

Big Idea VenturesKale UnitedB.Value AgLife Science Valley WachstumsfondsHigh Tech Gründerfonds (Htgf)

Description

Berlin-based Cultimate Foods successfully closes its €2.3 million seed round to scale up production processes, expand commercial collaborations and operation.

Company Information

Company

Cultimate Foods

Location

Berlin, Berlin, Germany

About

Cultimate Foods is a biotech startup based in Berlin, focused on creating a game-changing alternative fat ingredient to bring the authentic meaty experience to plant-based products.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers