Tech Company Financing Transactions
Planet A Foods Funding Round
On 2/1/2024, Planet A Foods raised $15.4 million in Series A funding from World Fund, Cherry Ventures and Mudcake.
Transaction Overview
Company Name
Announced On
2/1/2024
Transaction Type
Venture Equity
Amount
$15,400,000
Round
Series A
Investors
World Fund (Lead Investor) (Daria Saharova)
Proceeds Purpose
He intends to use the new capital to hire additional scientists to join Planet A Foods' 50-person team in Germany in order to scale production of cocoa butter and palm oil alternatives to an industrial level.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Fraunhoferstr. 11 A
Munich, 82152
Germany
Munich, 82152
Germany
Phone
Undisclosed
Website
Email Address
Overview
We believe in developing new ways of producing food, decoupled from limited land or labor resources. We strive to produce food locally, with minimal impact on land & resources, and reduce carbon emissions globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Max Marquart
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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