Veganz Group AG has secured a significant investment from Brandenburg Kapital to support the establishment of a second production facility, enhancing its capabilities in the growing plant-based food market in Germany.

Target Information

The Veganz Group AG, acknowledged as Germany's most innovative food brand in 2021, has successfully completed the second tranche of its equity increase. Recognized as a leading player in the plant-based food segment, Veganz has garnered significant investment support from Brandenburg Kapital, a prominent venture capital firm, enhancing its status in the market. During the first tranche of its pre-IPO private placement in July 2021, Veganz attracted several key investors, including the leading fund Paladin One, alongside Develey Holding and multiple private investors such as Marcel Maschmeyer and Michael Durach.

Veganz is one of the few independent vegan companies in Germany, offering a comprehensive range of plant-based products. The new funding will be allocated towards establishing a second, modern production facility that will span over 9,000 square meters. This facility will manufacture plant-based alternatives to traditional dairy products, including blue cheese and Camembert, as well as vegan meat and fish substitutes. With the new 'Veganz Food Factory', the company aims to significantly reduce its carbon footprint by saving an estimated 17 million tons of CO2 emissions by 2024.

Industry Overview in Germany

The plant-based food industry in Germany has been experiencing rapid growth, driven by changing dietary preferences and increasing health consciousness among consumers. As one of Europe's largest marke