Not even a year after his Series A Planet A Foods announces the completion of its Series B financing round of €28 million ($30 million). The financing round was led by Burda Principal Investments and Zintinus. Other investors included World Fund, Bayern Kapital, Cherry Ventures, Tengelmann Ventures, AgriFoodTech Venture Alliance, and Omnes Capital. The company intends to use the fresh funds to Pursue to accelerate international expansion and scale production capacities nationally and internationally.
Founded in 2021 by siblings Sara and Maximilian Marquart, Planet A Foods develops with the help of innovative preparation processes Sustainable, future-proof food ingredients. The startup's portfolio includes Choviva, the world's first cocoa-free chocolate alternative made from sunflower seeds. According to the company, this innovation reduces CO2 emissions by approximately 80 percent compared to conventional chocolate production.
Sara Marquart, CTO and co-founder, comments:
"At Planet A Foods, we believe the future of nutrition must be sustainable, ethical, and scalable. Choviva enables manufacturers to create 100 percent cocoa-free products, reduce dependence on vulnerable supply chains, and have a tangible impact on the environment. This Series B round allows us to strengthen our position as a leading partner for sustainable chocolate innovation."
Maximilian Marquart, CEO and co-founder, explains:
"This Series B round marks a significant milestone for us. With $30 million in fresh capital and a market-leading product, Planet A Foods is no longer a startup—we are on our way to becoming a leading player in the market. Our mission remains unchanged: to provide sustainable food ingredients that can be produced independently of price fluctuations and limited resources like cocoa. This funding will enable us to enter new markets, increase production, and supply our partners at scale."
One of the investors, Julian von Eckartsberg, Managing Director of Burda Principal Investments, emphasizes:
"Our investment in Planet A Foods reflects our commitment to supporting groundbreaking solutions that address global challenges such as sustainable food production. We are excited to support Planet A Foods in its growth, market expansion, and the creation of climate-resilient food systems on a global scale."
And Christian Neuss, Partner at Zintinus, adds:
"Planet A Foods combines scientific excellence with a clear focus on sustainability. Scaling innovations like Choviva on a large scale is an enormous challenge, and we believe that the right support is crucial to unlocking their full potential. That's why we're delighted to support Planet A Foods with knowledge, network, and capital on their path to market leadership."
