# Planet A Foods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/planet-a-foods

- Industry: Food
- Headquarters: Munich, Germany
- Website: www.planet-a-foods.com
- Total disclosed funding: $51M
- Latest round: Series B (Dec 5, 2024)
- Investors on record: 15

## About

Based in Munich, Germany, and founded in 2021 by co-founders Maximilian Marquart, Ph.D. (CEO), and Sara Marquart, Ph.D., Planet A Foods GmbH, formerly known as QOA, operates as a provider of sustainable food ingredients using plant-based fermentation technology to food manufacturers looking for eco-friendly alternatives. In February 2024, Planet A Foods GmbH raised USD 15.4 million in venture funding led by World Fund, with participation from Cherry Ventures, Nucleus Capital, Mudcake, Feast Ventures, Omnes Capital, and TriplePoint Capital. In December 2024, Planet A Foods GmbH raised USD 30 million in series B funding co-led by new investors Burda Principal Investments and Zintinus, with participation from returning investors World Fund, Omnes Capital, and Cherry Ventures. Other new investors Bayern Kapital, Tengelmann Ventures Management, and BayWa Venture also participated in the round.


The company provides a wide range of food technology products, such as plant-based fermented ingredients, proprietary fermentation technology, and cocoa-free chocolate. Additionally, the firm also provides services such as environmental impact reduction strategies.

## Funding rounds

- Series B, Dec 5, 2024, $30M — Omnes Capital, Bayern Kapital, Tengelmann Ventures Management, Cherry Ventures, Burda Principal Investments, Zintinus, World Fund, BayWa Venture
- Series A, Feb 1, 2024, $15M — Omnes Capital, TriplePoint Capital, Cherry Ventures, Mudcake, Nucleus Capital, World Fund, Feast Ventures
- Seed, Oct 27, 2021, $6M — Cherry Ventures, Pioneer Fund, Fifty Years, Mudcake, Nucleus Capital, World Fund, Tet Ventures

## Investors

- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A, Series B
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed
- Mudcake (https://capitalatlas.ai/funds/mudcake) — Seed, Series A
- Nucleus Capital (https://capitalatlas.ai/funds/nucleus-capital) — Seed, Series A
- World Fund (https://capitalatlas.ai/funds/world-fund) — Seed, Series A, Series B
- Tet Ventures (https://capitalatlas.ai/funds/tet-ventures) — Seed
- Omnes Capital (https://capitalatlas.ai/funds/omnes-capital) — Series A, Series B
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series A
- Feast Ventures (https://capitalatlas.ai/funds/feast-ventures) — Series A
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series B
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series B
- Burda Principal Investments (https://capitalatlas.ai/funds/burda-principal-investments) — Series B
- Zintinus (https://capitalatlas.ai/funds/zintinus) — Series B
- BayWa Venture (https://capitalatlas.ai/funds/baywa-venture) — Series B