Rival Foods raises $11.6 million in Series B funding, led by APG, to scale its shear cell technology for plant-based proteins.

Jun 18, 2025•6 months ago

Amount Raised

$11.6 Million

Round Type

SERIES B

AmersfoortFood and Beverage

Investors

Peak BridgeRom Utrecht RegionPymwymicApg

Description

Rival Foods has raised $11.6 million in a Series B round to expand its shear cell technology for plant-based whole cuts. The round was led by APG, with participation from Pymwymic and ROM Utrecht Region. This funding will help Rival Foods double production capacity and support international growth. Founded in 2019, Rival Foods offers alternative chicken and beef products in The Netherlands and Germany.

Company Information

Company

Rival Foods

Location

Amersfoort, Utrecht, Netherlands

About

Rival Foods is a Dutch startup founded in 2019, specializing in shear cell technology that texturizes plant-based proteins to create whole cuts. The company, a spinoff from Wageningen University, supplies alt-chicken and beef whole cuts to restaurants in The Netherlands and Germany, and has recently expanded into institutional catering. With a commitment to quality, Rival Foods offers products that are minimally processed, high in protein, and free from additives. They are known for their competitive pricing compared to animal proteins.

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