Vorwerk Ventures and Blue Horizon Ventures have co-led a series A round for the ETH Zurich spinout selling plant-based meat products.

Planted, a Switzerland-based plant-based meat developer spun out of ETH Zurich, closed a CHF17m ($18.3m) series A round yesterday co-led by Vorwerk Ventures, a corporate venture capital subsidiary of consumer product manufacturer Vorwerk.

Foodtech-focused venture capital fund Blue Horizon Ventures co-led the round, which also included the institute’s endowment, ETH Foundation, as well as luxury goods company Gaydoul Group, Good Seed Ventures, Joyance Partners and private investors.

Credit Suisse supplied an undisclosed amount of debt financing.

Founded in 2019, Planted…

Thierry Heles

Thierry Heles is the former editor-at-large of Global University Venturing and Global Corporate Venturing, and was the producer and host of the Beyond the Breakthrough podcast until December 2024.