Prolupin is an innovative plant-based protein company based in Grimmen, Germany, with core technology competence in producing lupine protein isolate at scale. Since introducing its Made with LUVE brand in 2015, the company has established a presence in the German-speaking retail market with non-dairy yoghurts, milks, ice cream and cream cheese. Prolupin manages the full value chain from lupine raw material sourcing to delivering branded consumer products to retail stores. The company sells both B2C branded products and pursues B2B opportunities. Management says the new financing will allow Prolupin to address the mass market, expand internationally and grow its plant-based offering in both B2C and B2B channels. Capricorn and Novax are described as bringing technology and B2B expertise and trade network resources to support that growth.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2020