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Planet A Foods raised $30M in a Series B funding round to expand its alt-chocolate production.

PRIVATEDec 06, 2024

Amount Raised

$30 Million

Round Type

Series B

DoverBiotechnology

Investors

Omnes CapitalBayWa VentureTengelmann VenturesCherry VenturesBayern KapitalWorld FundZintinusBurda Principal Investments

Description

Alt-chocolate maker Planet A Foods has successfully raised $30 million in a Series B funding round. The funds will be utilized to enhance the company's production capabilities and reach more consumers.

Quick answer

Planet A Foods raised $30 Million in a Series B round, dated December 6, 2024. Investors: Omnes Capital, BayWa Venture, Tengelmann Ventures, Cherry Ventures, Bayern Kapital, World Fund, Zintinus and Burda Principal Investments. Planet A Foods is based in Dover, Delaware, United States.

How much did Planet A Foods raise?
Planet A Foods raised $30 Million in a Series B round on December 6, 2024.
Who invested in Planet A Foods?
Omnes Capital, BayWa Venture, Tengelmann Ventures, Cherry Ventures, Bayern Kapital, World Fund, Zintinus and Burda Principal Investments are named as investors in this round.
What does Planet A Foods do?
NxFoods is also known as Planet A Foods.
Where is Planet A Foods based and how big is it?
Planet A Foods is based in Dover, Delaware, United States. Fundz records about 42 employees.
Who are the decision-makers at Planet A Foods?
Fundz holds 2 contacts at Planet A Foods. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Planet A Foods that raised within 45 days of this round, from Fundz verified event records.

  • Prantae Solutions raised $577K (Seed) on January 20, 2025.
  • Gesynta Pharma raised $29M (Series B) on January 20, 2025.
  • UbiVac raised $35K (Pre-Seed) on January 19, 2025.
  • Inceptor Bio raised $3.3M on January 17, 2025.
  • TYBR Health raised $1.1M (Seed) on January 17, 2025.
  • Phio Pharmaceuticals raised $153K (Seed) on January 17, 2025.

Who to call at Planet A Foods, and when

A new round usually means Planet A Foods is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Planet A Foods raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Planet A Foods, from your own LinkedIn network

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Company Information

Company

Planet A Foods

Location

8 The Green

Dover, Delaware, United States

About

NxFoods is also known as Planet A Foods. Planet A Foods, founded by twins Drs. Max and Sara Marquart, is a B2B foodtech startup aiming to provide a sustainable alternative to cocoa for chocolate production. Their fermentation process turns locally-sourced ingredients into ChoViva, a cocoa mass and cocoa butter with reduced sugar content and low CO2 footprint.

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Fundz sees it the moment Planet A Foods raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Planet A Foods raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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