Planet A Foods

Planet A Foods is a Munich-based food technology company founded in 2021 that has developed ChoViva, the world's leading cocoa-free chocolate alternative. Using a proprietary fermentation process with locally available crops like sunflower seeds and oats, the company creates chocolate-like products that deliver authentic taste while reducing carbon footprint by up to 80% compared to traditional chocolate.

The company has experienced rapid growth and fundraising success, raising $15.4 million in Series A funding in February 2024 followed by $30 million in Series B just ten months later in December 2024, bringing total funding to over $45 million. This rapid funding trajectory reflects strong investor confidence in the company's technology and market opportunity.

Planet A Foods has achieved significant commercial traction with ChoViva products now available in over 42,000 retail stores across Europe. The company is currently producing 2,000 tons annually and plans to scale to over 15,000 tons following the Series B investment. Expansion into the UK and France is planned for Q1 2025, with a US production facility also in development.

In November 2025, Planet A Foods announced a landmark partnership with Barry Callebaut, the world's leading chocolate manufacturer, to bring cocoa-free chocolate alternatives to global markets. This collaboration positions Planet A Foods for significant international expansion while providing supply chain security amid cocoa market volatility.