Planetary Raises Nearly €23M To Scale Bioeconomy Fermentation Technology

The round was led by Radikal Capital and Oetker Ventures, with participation from investors including Royal Cosun, arc investors, Green Generation Fund, AgriFoodTech Venture Alliance, and existing backers Astanor Ventures and XAnge.

Planetary was founded in 2021 by biotechnologists and engineers with the goal of building industrial-scale biomanufacturing facilities for sustainable, bio-based production.

The company develops and operates a global network of fermentation plants to produce bio-based ingredients for its customers.

Its proprietary platform, including the WIPO GREEN-listed BioBlocks system, covers bioprocess design, scaling, and industrial manufacturing, helping partners bring fermentation-based food products to market more efficiently.

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Planetary also follows an IP-driven strategy, licensing its technology to agro-industrial companies, especially sugar producers, to convert low-value agricultural by-products into high-value proteins, fibres, and enzymes.

The startup has already shown strong commercial progress, including the launch of its mycoprotein filet with ALDI Suisse at price parity and new product rollouts across Europe under its Libre® brand.

It is also expanding its sugar-to-protein technology globally aiming for ultra-low-cost production in regions like India.

With its latest funding, Planetary plans to scale its global ingredient business and technology licensing efforts while continuing to grow its industrial operations in Switzerland.

David Brandes, CEO and co-founder of Planetary, added, “Raising capital outside AI and defence now requires far more focus and resilience than it did just a few years ago. Yet, recent geopolitical turmoil and commodity volatility only strengthen the case for a sovereign, circular, and high-quality food system: stay the course and hold the line, nothing worth building comes easy.”


About Planetary

Planetary is a leading advanced fermentation platform for the circular bioeconomy. It combines industrial technology and food innovation to produce sustainable bio based ingredients at scale, supporting the shift toward more efficient and environmentally friendly production systems.