The vegetarian food brand has closed an $18.3m round co-led by Vorwerk Ventures and backed by fellow corporate investor Gaydoul Group.
Vorwerk Ventures, the corporate venture capital subsidiary of consumer product manufacturer Vorwerk, co-led a CHF17m ($18.3m) series A round yesterday for Planted, a Switzerland-headquartered plant-based meat developer spun out of ETH Zurich.
The round was co-led by foodtech-focused venture capital fund Blue Horizon Ventures and included luxury goods producer Gaydoul Group, ETH Zurich’s ETH Foundation, Good Seed Ventures, Joyance Partners, various angel investors and debt financing from Credit Suisse.
Founded in 2019, Planted has developed plant-based meat products that use…
