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Food Tech Perfeggt Raises 320 Million Yen to Sell Plant-Derived Eggs | Today Nation News

TechnologyFood Tech Perfeggt Raises 320 Million Yen to Sell...

Sales of plant-derived alternatives such as dairy products and meat are skyrocketing in the global market, and Perfeggt wants to do the same with eggs.

Berlin-based food tech company Perfeggt is about to debut chicken-free egg products in Germany, Switzerland and Austria in the first quarter of 2022. The company announced on November 25, local time, that it had raised $ 2.8 million in its first round to launch the product first and then expand its business in Europe in the second half of 2022. ..

Investors in this round are EVIG Group, Stray Dog Capital, E2JDJ, Tet Ventures, Good Seed Ventures, Sustainable Food Ventures and Shio Capital.

Perfeggt CEO Tanja Bogumil has introduced Perfeggt, a subsidiary of Lovely Day Foods GmbH, to EVIG founder and CEO Gary Lin and German vegetarian and vegan meat maker Rügenwalder. It was co-founded in early 2021 with Bernd Becker, longtime R & D director at Mühle.

Perfeggt co-founders, from left to right: Bernd Becker, Gary Lin, Tanja Bogumil (Image credit: Patrycia Lukaszewicz)

“We sincerely believe that we should eat better food,” Bogumil said. “My maternal family was a small farmer, so I was always conscious of where the food we eat came from. When I was 12, my uncle went to the slaughterhouse to become a vegetarian. He took me and told me that the sausages I was eating weren’t made the right way. I didn’t fully understand what was happening there, but I don’t think it was right. It didn’t seem humane. “

Unlike dairy products, which already have established sustainability, eggs are still largely undeveloped, Bogumil believes. Indeed, there are companies that make similar botanical alternatives, such as Simply Eggless and Just Eat, which raised $ 200 million in early summer 2021. However, more than 1.3 trillion eggs are produced annually worldwide, which means there is room for growth and versatility, Bogumil said.

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Perfeggt’s first vegetable egg product is a protein-rich liquid alternative made from broad beans. This product can be cooked in a frying pan like scrambled eggs or omelets. The company plans to launch products for the food service industry first.

As with any food, taste is important. The product aimed to be similar in mouthfeel, sensation, flavor and texture, but all of these factors are needed for people to switch to botanical alternatives, Bogumil said.

“This is something we have discovered over time. Our products are centered around broad beans, which are very suitable for mimicking the functionality required for these applications,” he said. Added.

Therefore, Perfeggt’s R & D center in Emsland, Germany, works closely with the University of Wageningen, a research institute known for life science research, to create a plant protein source that most closely resembles the nutritional and functional properties of animal foods. And its combination are being verified.

With this funding, the company will strengthen its headquarters and R & D facility team. The company is currently looking for food scientists, marketing and R & D personnel.

Bogumil, meanwhile, believes that more companies entering the egg replaces space will lead to Perfeggt’s mission to shift people to vegetable foods.

“This is not a one-man market,” he said. “It’s the first time in history that alternative proteins have come so close to the mainstream market. Obviously, this is reflected in the capital markets, affecting not only niche market development but also the future of food. Is giving. “

Stephanie Dorsey, founding partner of E2JDJ, added in a statement: “We are very impressed with Perfeggt’s rapid technological advances in developing next-generation alternative proteins and finding solutions that improve the health of humans, the planet and animals. The egg market is a huge opportunity. And this is just the beginning. “

Image Credit: Patrycia Lukaszewicz

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(Sentence: Christine Hall, Translation:saurabh

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