New and returning investors have chipped into the ETH Zurich plant-based meat spinout’s pre-series B round, five months after it completed a series A.
Planted, a Switzerland-based vegetarian meat developer with research from ETH Zurich and University of St Gallen, secured CHF19m ($21m) in pre-series B funding today.
Vorwerk Ventures, a corporate venturing subsidiary of consumer product producer Vorwerk, as well as Gullspång Re:food, Movendo Capital, Good Seed Ventures, Joyance Partners, Ace & Company and Be8 Ventures all took part in the round, which included debt supplied by Credit Suisse.
Founded in 2019, Planted produces imitation meat based on plants including peas,…