Less than a year after its series A, Planet A Foods announces the completion of its series B funding round of 28 million euros (30 million dollars). The funding round was led by Burda Principal Investments and Zintinus. World Fund, Bayern Kapital, Cherry Ventures, Tengelmann Ventures, AgriFoodTech Venture Alliance, and Omnes Capital also participated. With the fresh capital, the company aims to accelerate international expansion and scale production capacity nationally and internationally.
Founded in 2021 by siblings Sara and Maximilian Marquart, Planet A Foods develops sustainable, future-ready food ingredients using innovative preparation processes. The startup’s portfolio includes Choviva, the world’s first cocoa-free chocolate alternative, made from sunflower seeds. According to the company, this innovation saves approximately 80 percent of CO2 emissions 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 dependencies 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 dollars 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 financing will enable us to enter new markets, increase production, and supply our partners on a large 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 look forward to supporting Planet A Foods in growing, expanding into new markets, and building climate-resilient food systems globally.”
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 are convinced that the right support is crucial to unlock its full potential. That’s why we’re excited to support Planet A Foods with knowledge, networks, and capital on their path to market leadership.”
