Daria Saharova, Founding Partner at World Fund, says, "Building world-class food tech is critical for the future of our planet. We urgently need to stop overfarming threatened natural resources like cocoa, yet scaling sustainable alternatives has proven difficult for most."
"Planet A Foods is an exception. Since we invested in the company in 2021, Sara and Max have established partnerships with top-tier customers, including REWE, Lindt and Lufthansa, and seen their moorish ChoViva products fly off shelves."
"They raised one of the largest rounds in food tech this year despite a wider downturn in investment in the sector, and have delivered non-stop growth - feats that are a testament to this peerless founding team."
According to a statement from Planet A Foods, the $130M global chocolate industry is facing significant challenges, including climate change threatening cocoa supplies, environmental damage from conventional farming, and volatile cocoa prices, all contributing to uncertainty for both producers and consumers.
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