Introduction:
Spanish food tech start-up Heüra Foods has raised €40m in a Series B financing round to expand the distribution of its plant-based meat alternatives. The funding was provided by Dutch Upfield Holdings, Unovis Asset Management, European Circular Bioeconomy Fund, and Belgian New Tree Impact. Heüra Foods aims to lead growth in the alternative protein sector in Spain and is expanding its presence in key markets such as the UK, France, and Italy. The company’s plant-based meat substitute portfolio includes products made from pea protein extracts, olive oil, vegetable extracts, yeast extract, and other ingredients.
- Heüra Foods raises €40m in Series B financing round to expand product distribution.
- The company aims to lead growth in the alternative protein sector in Spain and expand in key markets such as the UK, France, and Italy.
- Heüra Foods develops plant-based meat alternatives using pea protein extracts, olive oil, and other ingredients.
- Its recently patented Good Rebel Tech allows the company to create clean label products without the need for additives.
- The funding will be used to make the company profitable and strengthen its position in the plant-based food market.
Conclusion:
Heüra Foods has secured €40m in funding to expand the distribution of its plant-based meat alternatives. The company aims to lead growth in the alternative protein sector in Spain and is expanding its presence in key markets. With its recently patented technology, Heüra Foods can create clean label products without the need for additives. The funding will help the company become profitable and strengthen its position in the plant-based food market.
