Planet A Foods

Planet A Foods

Private
Planegg, BavariaEnergy & Sustainabilityhttps://planet-a-foods.com/

Last Round

Series B

Dec 6, 2024

Total Funding Raised

$30M

Momentum Score

25 /100

Company Overview

Planet A Foods is a German food technology company that produces sustainable, future-proof food ingredients. Its flagship product is ChoViva, a cocoa-free chocolate alternative made from locally sourced, natural ingredients like oats and sunflower seeds, using a proprietary fermentation process. The company aims to create ingredients that are decoupled from volatile and limited resources like cocoa, thereby reducing the environmental impact, such as carbon emissions and deforestation, associated with traditional chocolate production. Founded in 2021, the company supplies its ingredients to major food manufacturers and has products available in thousands of retail stores.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Biotechnology, Supply Chain

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

cocoa-free chocolatechocolate alternativealt-chocolatefoodtechsustainable food ingredientscocoa alternativeB2B ingredientsfermentation technologyprecision fermentationplant-based ingredientsingredient suppliersupply chain resiliencecocoa butter alternative

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Planet A Foods Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Planet A Foods Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BDec 6, 2024

Planet A Foods Investors

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Planet A Foods Filings

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Planet A Foods Filings

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Firmographic Details

HeadquartersPlanegg, Bavaria
Employee Range59
Year Founded2021
Last FundingDec 6, 2024

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