Planted Closes Series B Financing Round of CHF 70 Million
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Thursday, September 1, 2022
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KEMPTTHAL, Switzerland, Sept. 1, 2022 /PRNewswire/ -- Swiss Foodtech Startup Planted, known for its clean-label biostructured meat, successfully closed its series B financing round of CHF 70 million. The round was led by L Catterton, the largest global consumer-focused private equity firm. Planted will use the funds to launch its new whole-cut line of products including its chicken breast, further its international expansion, and increase production capacity.
Key Points:
- KEMPTTHAL, Switzerland, Sept. 1, 2022 /PRNewswire/ -- Swiss Foodtech Startup Planted, known for its clean-label biostructured meat, successfully closed its series B financing round of CHF 70 million.
- Planted successfully closed its Series B financing round of CHF 70 million led by the largest global consumer-focused private equity firm, L Catterton.
- For Planted's Co-Founder Christoph Jenny, the Series B investment reflects the traction the company sees in the market and with investors.
- The Planted product ranges, each consisting of different protein sources (peas, oat, sunflowers), currently include planted.chicken, planted.pulled, planted.kebab and planted.schnitzel.