Planted Closes Series B Financing Round Of Chf 70 Million
09/01/22, 5:59 PM
Location
zürich
Round Type
series b
Swiss Foodtech Startup Planted, known for its clean-label biostructured meat, successfully closed its series B financing round of CHF 70 million. The round was led by L Catterton, the largest global consumer-focused private equity firm. Planted will use the funds to launch its new whole-cut line of products including its chicken breast, further its international expansion, and increase production capacity.
Company Info
Location
zürich, zurich, switzerland
Additional Info
Planted produces delicious meat from alternative proteins, focusing on the perfect bite. Inspired by nature, the company pioneers a novel biostructuring approach that combines protein structuring and biotechnology. Using various proprietary technologies, Planted designs and structures alternative proteins in any size, shape, and fibrous texture and is convinced that biostructured proteins will outperform animal meat in the future in terms of taste, sustainability, health, efficiency and price. Planted is committed to using only clean and natural ingredients and no additives in all its products - making it a healthy and sustainable option for all. Truly better than animal meat.