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Swiss meat alternatives startup Planted raises further $21M to compete Beyond Meat

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Planted Foods, the Swiss startup that creates plant-based meat has recently raised an additional $21 million to its $18 million Series A (completed in March 2021).

The latest investment will be used for international expansion, scaling up the company and launch new products.

The funding came from Gullspång Re:food, Vorwerk Ventures, Movendo Capital, Joyance,ACE & Company (SFG strategy), Good Seed Ventures, and Be8 Ventures.

Founded in July 2019 by co-Founders Pascal Bieri, Lukas Böni, Christoph Jenny and Eric Stirnemann, the ETH Zurich products are available in Switzerland, Austria, Germany, and France at Coop, Spar, Edeka, and Migros.

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