Planet A Foods

its patented ChoViva technology upcycles German oats and sunflower seed via precision fermentation to reconstruct cocoa butter's triglyceride profile and chocolate's flavor volatiles; supplies Mars (cocoa-free product launch announced May 2026),…

Country
Germany
Mars cocoa-free launch, May 2026 eu
Coverage
EUUS
specialty-fine-chem
Regulatorsefsafda

Verifiable facts

FactValueSource
FundingTotal funding raised is approximately $73.5M–$74.2M, including a $30M Series B round in December 2024 and a $15.4M Series A round in February 2024.planet-a-foods.com · techcrunch.com · greenqueen.com.hk
CapacityScaling production from 2,000 to over 15,000 tons of ChoViva per year.planet-a-foods.com · techcrunch.com · greenqueen.com.hk
CertificationIFS-certified production facility.planet-a-foods.com
Regulatory approvalPrecision-fermented fat components require novel food approval in the EU and FDA GRAS status in the US. medium confidencetechcrunch.com · foodnavigator.com · greenqueen.com.hk
Production sitePilot facility near Munich and a facility in Pilsen, Czech Republic.cen.acs.org · greenqueen.com.hk
HeadcountApproximately 45 to 75 employees. medium confidencecen.acs.org · planet-a-foods.com
RevenueEstimated annual revenue between $3.2M and $6.2M. medium confidencegetlatka.com

Independent sources: cen.acs.org · foodnavigator.com · getlatka.com · greenqueen.com.hk · techcrunch.com

Technologies
NameClusterRisk
Biosynthetic cocoa & alt-chocolatespecialty-fine-chemMedium

Compiled by BIOECON from primary sources.

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