Oetker Ventures and Radikal Capital lead €23m bet on 'meat' made from fungi
20 apr. 2026
11:11
The corporate venture arm of food giant Oetker has backed Swiss mycoprotein startup Planetary, despite significant headwinds for alt-protein companies.
"Stay the course and hold the line," says CEO David Brandes.
"Stay the course and hold the line," says CEO David Brandes.
Radikal Capital and Oetker Ventures – the venture arm of German food giant Oetker Collection – have invested in an alt-protein startup despite headwinds for the sector.
Royal Cosun, Arc Investors, Green Generation Fund, and AgriFoodTech Venture Alliance also participated, alongside returning backers Astanor Ventures and XAnge. A €6.3m credit facility brings the total to approximately €23m.