Revo Foods Wraps Up Crowdfunding Campaign with €1.6 Million Investment

Revo Foods Wraps Up Crowdfunding Campaign with €1.6 Million Investment

Revo Foods has completed its latest crowdfunding campaign, raising €1,603,427 from 212 investors. The funds will be used to scale production, enhance marketing, and further develop the company’s patented 3D printing technology. The campaign, which began in May, received strong backing from the plant-based food community, with initial investors pledging more than €1.2 million within the first weeks.

“We believe in our mission: building a food system that works without exploitation”

CEO Robin Simsa outlined several of the company’s recent achievements in a post reflecting on the campaign’s success, noting the company’s expansion in product development and commercial growth.

In the last seven months, Revo Foods has launched seven new products, including EL BLANCO, a cod-like filet, and PRIME CUT, which emphasizes high nutritional protein over imitating traditional meat. The company also reintroduced THE KRAKEN, its plant-based octopus alternative, which gained viral attention last year. “We got so many preorders for this product that we are still not able to build stock,” Simsa noted.

Revo Foods launches THE KRAKEN plant based octopus
© Revo Foods

New protein, new partnerships

Another key addition to the product line is THE MINCED FUNGI PROTEIN, a high-protein, ready-to-eat option made from just four natural ingredients. “This product is a perfect protein base to add to any dish… not because of ‘only’ appealing to sustainability concerns, but because it’s nutritionally superior,” Simsa explained.

On the commercial front, Revo Foods secured product listings in several regions of EDEKA and REWE, two of Germany’s largest supermarket chains. The company is also expanding internationally through a new partnership with Juicy Marbles, which has strong distribution channels in the UK and USA.

In addition to product and market growth, the company has developed a new 3D extrusion system, which has increased production output to over 100 kilograms per hour. “Many said it wasn’t possible. We built (and patented) it anyway,” Simsa said, emphasizing the company’s focus on technological innovation.

Revo Foods team
© Revo Foods

Steady progress despite challenges

Despite the challenges of managing a small team and handling all aspects of production and marketing, Revo Foods has managed to make significant progress. Simsa acknowledged the difficulty of the company’s operations but remained confident in its direction. “One step at a time, we implement fast and improve our processes,” he explained.

Looking ahead, Revo Foods plans to use the funds to expand production, improve efficiency, and scale operations to meet growing demand. With a target of achieving profitability by 2026, the company is focused on reducing costs and increasing production capacity.

“We believe in our mission: building a food system that works without exploitation,” Simsa concluded.