Bird & Bird advises Planet A Foods on $30 million financing round

International law firm Bird & Bird has advised Munich-based food technology company Planet A Foods on its US$30 million Series B financing.

The financing round was led by Burda Principal Investments and Zintinus, with participation from World Fund, Bayern Kapital, Cherry Ventures, Tengelmann Ventures, AgriFoodTech Venture Alliance and Omnes Capital.

Planet A Foods was founded in 2021 and employs around 60 people. Using the most innovative preparation processes, they develop sustainable, future-oriented food ingredients that can be produced with no dependence on highly limited resources such as cocoa. The company relies exclusively on natural ingredients. As a supplier, Planet A Foods contributes to a socially responsible and environmentally friendly food industry. The start-up's portfolio includes the world's first cocoa-free chocolate alternative ChoViva, which is made from sunflower seeds.

With this Series B financing, Planet A Foods plans to further strengthen its leading position in the sustainable food industry, accelerate its international expansion and scale production capacities both nationally and internationally. 

The Bird & Bird team advising on the deal consisted of Counsel Andrea Schlote and associate Louisa Graf, LL.M.  (both leading, Munich), partner Dr. Stefan Gottgetreu (Düsseldorf) and associate Kilian Hummel (Frankfurt) (all Corporate).

Planet A Foods was advised in cooperation with the US law firm SSM Law in San Francisco.

 

News & Deals

More News & Deals
Deal Bird & Bird advises Akiem on the acquisition, financing and leasing of a fleet of 14 battery-powered electric trains

Jul 22 2025

Read More
Deal Bird & Bird advises Deutsche Pfandbriefbank AG on the development financing of a warehouse for Hillwood

Jul 22 2025

Read More
Deal Bird & Bird and Sheppard Mullin advise Swansea City AFC on Snoop Dogg co-ownership deal

Jul 21 2025

Read More
Deal Bird & Bird advises BrainEver on its €33 million Series B funding round

Jul 15 2025

Read More
Deal Bird & Bird advises Delixy Holdings Limited as Singapore Counsel on Nasdaq Listing

Jul 15 2025

Read More
Deal Bird & Bird advises Brose Sitech on the acquisition of Proseat including its subsidiaries from Sekisui Kasei

Jul 07 2025

Read More