planetary

powering the bioeconomy, together.

General Information
Company Name
planetary
Founded Year
2021
Location (Offices)
Switzerland +1
Founders / Decision Makers
Number of Employees
25
Industries
Food and Beverage
Funding Stage
Seed
Social Media

planetary - Company Profile

Planetary is a startup in the Food and Beverage industry, founded in 2022 and headquartered in Switzerland. The company's slogan, "Powering the Bioeconomy," encapsulates its mission to build critical infrastructure and intellectual property to fuel the fermentation-based bioeconomy. With a focus on sustainability, Planetary aims to avoid 13 Megatonnes of CO2 equivalents and contribute around 1% to the attainment of the Paris climate accords. Planetary's innovative approach involves constructing and managing a global network of industrial-scale precision fermentation facilities for its partners, initially focusing on food production. Additionally, the company produces mycoprotein as a B2B food ingredient. Its recent milestone includes securing a Fr.3.50M Convertible Note investment on April 19, 2022 from Exceptional Ventures. Looking ahead, Planetary is set to broaden its impact by venturing into the development of sustainable, fermentation-based bio-materials. The company's strategic direction and environmental focus position it as an intriguing prospect for venture capital investors seeking to support innovative solutions in the bioeconomy space.

Taxonomy: precision fermentation, bioeconomy, industrial-scale facilities, sustainable materials, B2B food ingredient, Mycoprotein, climate impact, Paris climate accords, CO2 reduction, infrastructure, IP, global network, food production, sustainable development

Funding Rounds & Investors of planetary (2)

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Funding Stage Amount No. Investors Investors Date
Convertible Note Fr.3.50M 1 19 Apr 2022
Seed Round $8.00M 4 19 Apr 2022

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