Planted Foods raises $72 million in Series B funding

Planted Foods is a Swiss plant-based meat manufacturer dedicated to creating delicious, healthy and nutritious “plant meat” directly from plants. Planted’s technology enables it to mimic the fiber length of a variety of meats, providing flexibility in choosing protein sources, and Plante uses a wet extrusion process of all-natural ingredients, which can achieve a “juicy” level not found in traditional meat products Taste. Planted raised CHF 70 million (about $72 million) in a Series B round led by private equity firm L Catterton.

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