Revolutionizing Plant-Based Meat: Planted Secures $72 Million in Funding to Lead the Future of Sustainable Food

Planted, the innovative Swiss FoodTech company dedicated to revolutionizing the plant-based meat industry, has successfully raised an impressive $72 million in its latest funding round. Founded in 2019 as a spin-off from the Swiss Technical Institute of Technology (ETH), Planted combines proprietary structuring and fermentation technologies to create delicious, meaty, and juicy plant-based meat alternatives, all crafted from clean ingredients without any additives. This latest funding will significantly enhance Planted's capabilities and accelerate its mission to provide sustainable, healthy alternatives to traditional animal meat, particularly in a world facing soaring meat demand driven by a growing population and increasing life expectancy. Renowned for setting a new standard in the plant-based meat category, Planted offers a range of products, including planted.chicken, planted.duck, and planted.schnitzel, now available in over 6,100 restaurants and more than 8,700 retail outlets across Europe. The company operates a state-of-the-art glass-house production facility in Zurich, which is the first transparent meat production site open to the public, showcasing their commitment to sustainability and transparency. With several patents secured and a recognition as a certified B Corporation, Planted is not only focused on taste and texture but also on outperforming animal meat in aspects of sustainability, health, efficiency, and price. This funding marks a pivotal moment in Planted's journey as it seeks to expand its reach and continue changing the face of meat consumption for a healthier planet.