Keen 4 Greens gets €1.8 million in seed funds

Germany-based startup Keen 4 Greens has gained €1.8 million in seed funds from FoodLabs, Sustainable Food Ventures and Shio Capital.

Germany-based startup Keen 4 Greens has gained €1.8 million in seed funds from FoodLabs, Sustainable Food Ventures and Shio Capital. As the Vegan wave is taking over the world, Keen 4 Green is providing nutritious and tasty meat alternatives made from wheat. 

In the future, they want to make a whole cut chicken analogue made from just five ingredients - Mycelium, pea protein, oil, salt and water. By using mycelia from mushrooms, they are using all 8 amino acids essential for humans. 

The funds will be used to expand their production facilities, product range and better their growth strategy. They want to develop chicken strips, breaded chicken strips, beef and bacon. 

The startup was started by Franziskus Schnabel and Daniel Holstein in 2019. Their current clientele includes restaurant chains like Otto’s Burger, Ruff’s Burger and Vincent Vegan. Germany is the 6th best country for Vegans. The vegan market is seeing a growth of 15% per year and is expected to reach €450 million in 2025.  

The European plant-based food sector has experienced explosive growth since 2019. Europe is a key player in the global meat alternative market, which was valued at $1,718.6 million in 2019 and is projected to expand at an estimated CAGR of 7.3% between 2020-2025.

Tags : #Keen4Greens #FranziskusSchnabel #DanielHolstein #FoodLabs #SustainableFoodVentures #ShioCapital #vegan #VeganFood #veganisim #funding #fundingalert #smitakumar #medicircle

About the Author


Priyal Shah

Priyal Shah is a graduate of Media from Mithibai College, Mumbai. She is a writer, researcher and avid reader.

Related Stories

Loading Please wait...

-Advertisements-



Trending Now

Why is Early Intervention (EI) so important for autism?November 30, 2022
Heart failure – Symptoms, risk factors, and treatmentNovember 30, 2022
How to consume Bulletproof coffee for weight loss?November 30, 2022
MedySeva Gives New Dimension to Affordable TelehealthNovember 29, 2022
A mental healthcare revolution with Trijog November 29, 2022
Health Basix – In-school healthcare partner for your kidsNovember 28, 2022
Health-tech startup Healthkart raises Rs 536.52 Crore led by TemasekNovember 28, 2022
TummyFriendly Foods – Harmless Bio-available nutrition for little onesNovember 28, 2022
Causes, Symptoms, and Solutions to Lung Cancer November 28, 2022
5 reasons behind premature hair grayingNovember 26, 2022
Connect2MyDoctor’s cARe - Augmented Reality tool playing a crucial role in patient educationNovember 26, 2022
Bollywood Actor Kajal Aggarwal invests in D2c Startup TACNovember 26, 2022
Causes, Symptoms, Treatment, and Preventive Solutions for Ovarian Cancer November 26, 2022
Men’s health firm Bonatra raises Rs 5.5 Cr in the pre-seed funding roundNovember 25, 2022
Why is Samantha Ruth Prabhu hospitalized again in Hyderabad?November 25, 2022
RedBrick AI, a Healthtech startup, raises $4.6 million in funding from Sequoia India, Surge.November 25, 2022
Now schedule your health check-ups at a much-discounted price with MediWheelNovember 24, 2022
Kamal Haasan gets admitted to Chennai Hospital Today November 24, 2022
India's first Global Women's Health Innovation Conference to highlight the potential of Femtech & Digital InnovationsNovember 24, 2022
Pred Health - HealthTech Startup dedicated to provide Integrated care management for cancer patientsNovember 24, 2022