How much funding has Planet A Foods raised?

Planet A Foods has raised $45.4M in total funding, most recently a Series B round.

Who are Planet A Foods's investors?

Planet A Foods's investors include World Fund, Cherry Ventures, Burda.

When was Planet A Foods founded?

Planet A Foods was founded in 2021.

Where is Planet A Foods headquartered?

Planet A Foods is headquartered in Munich, Germany.

What industry is Planet A Foods in?

Planet A Foods operates in Climate Tech, Food Tech.

How many employees does Planet A Foods have?

Planet A Foods has 1-10 employees.

Planet A Foods

Building the next generation food ingredient champion.

Munich, Germany · Founded 2021 · $45.4M raised

Climate Tech

Food Tech

YC S21

Headquarters: Munich
Employees: 1–10
Founded: 2021
Business Model: B2C

Website: planet-a-foods.com
Total Funding: $45.4M
Last Round: $30.0M Series BDec 2024
Rounds: 2

About

Imagine a world without chocolate. Horrifying, right? But the supply of cocoa is endangered and chocolate is as bad as meat for our planet. We make future-proof chocolate using precision fermentation. Doing this, our chocolate is 10x more sustainable and 20% cheaper than conventional chocolate. In order to mimic the organoleptic properties of chocolate (tender, smoothly melting taste release) we are working on the flavor itself but also on replacing the cocoa butter. 55 Mio lbs of chocolate are consumed every day. By 2035 we will substitute a big chunk of it through our sustainable chocolate. In addition, we are working on extending our technology platform to additional ingredients such as palm oil.

Summary

Planet A Foods is a Climate Tech company based in Munich, Germany, founded in 2021. It has raised $45.4M in total across 2 rounds, most recently a $30.0M Series B round in Dec 2024. Investors include World Fund, Cherry Ventures and Burda.