The Rainforest Company raises €36 million

The Rainforest Company raises €36 million in funding to grow into Europe’s leading foodtech company

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• With close to €36 million capital, The Rainforest Company has raised one of this year’s largest funding rounds in the foodtech sector in Germany and the largest round for a female founded and led foodtech company in Europe
• Founded in 2016, the company has achieved impressive growth rates thanks to a successful multi-channel strategy with listings at over 12,000 points of sale worldwide and successful D2C business, while contributing to the protection of the rainforest and its inhabitants
• The new capital allows the company to scale globally and invest into its product offering, putting an increased focus on the health benefits its products

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Berlin, 16.12.2022. The Rainforest Company (TRC), one of Europe's fastest, profitable growing food tech companies pioneering in sustainable and healthy foods, has successfully raised €36 million in its last fundraising round. It is one of this year’s largest funding rounds in the foodtech sector in Germany and the largest round for a female founded and led foodtech company in Europe. The round was led by UK-based family office Kaltroco, and included further investments from Futury Capital, Corecam, Green Generation Fund and other renowned investors.

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Since its inception in 2016 and the involvement of Katjes Greenfood in 2018, TRC has grown rapidly. The company's vegan products based on the açai berry are now available in seven countries and in over 12,000 POS. Through a cooperation with local farmers, the focus is on the preservation of the rainforest and the development of sustainable, resource- and environmentally-friendly agriculture.

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Following this rapid growth, the company is focusing now on internationalization and product expansion, investing in its global reach and product portfolio with even more emphasis on the health use of its vegan and nutritious ingredients from the Amazon region. The funds allow TRC to invest into its operations, people, product, marketing and finance infrastructure, helping the company to scale the business internationally.

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"The new capital will allow us to continue to scale internationally and invest in our product offerings. We have great investors, a growing and equally great team. Our entrepreneurial understanding is to contribute - in dialogue with politics, society and business - to align our framework more closely with the guiding principle of sustainability," says CEO and founder, Albana Rama.

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"It is with great pleasure that we invest in The Rainforest Company because we believe in entrepreneurial success with the approach of "innovation through science". We are proud to support The Rainforest Company in the next step of its growth phase," says Cornou Rykaart of Kaltroco.