Founded in 2019, NxtFood produces plant-based chicken, beef, and pork alternatives made from locally grown wheat and pea proteins. Its 20-plus SKUs are distributed in all major French food retailers and more than 10,000 foodservice outlets, making it one of the country’s fastest-growing alt-meat startups. Revenue rose from €1 million in 2022 to €9.2 million in 2023, and the company expects to reach €17.4 million in 2024. NxtFood operates a high-moisture-extrusion facility in Vitry-en-Artois and plans to triple its footprint to 12,000 m². The fresh capital will also fund additional R&D and accelerate sales and co-manufacturing partnerships across Europe. Management targets profitability within 12–18 months and emphasizes short ingredient lists, balanced nutrition, and clean labels to meet consumer demand.

Total raised

$58M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025