Participated · Grant · Jun 2024

Vanetta Food is a Galician startup founded in 2023 that develops 100% plant-based dishes blending Galician culinary tradition with food‑tech innovation. The company positions its offerings as an alternative to ultra‑processed plant products, emphasizing high nutritional value and authentic flavor. It targets the Horeca channel to place its dishes in restaurants and hospitality. A recent capital increase lifted the company’s valuation by 70% year‑over‑year. Management says the funding will accelerate new product development while demonstrating that plant protein can succeed in hospitality without sacrificing taste or authenticity. Vanetta plans to use the investment to expand production capacity, reinforce its Horeca presence, and consolidate an R&D strategy to democratize vegetable protein. Vanetta Food, founded in 2023, develops the first plant-based factory in Galicia producing products based on traditional plant proteins with an artisanal inspiration. Its catalogue adapts culinary heritage into ready-to-cook, high-protein plant alternatives such as soja estilo zorza gallega, seitan lomo adobado, and prepared vegetal styles (cachopo, milanesa, croquetas). The company targets B2B2C channels and aims to offer sustainable, cruelty-free options for vegans and households reducing meat consumption. In 2024 Vanetta refreshed its brand identity, launched a new website, added new products to its catalogue, and expanded physical shelf presence and online sales. Products are positioned as quick to prepare (around five minutes in a pan) and emphasize local, 100% Galician and 100% plant-based ingredients. The company positions itself around sustainability, high protein content, and combining tradition with innovation.

Participated · Equity · Jun 2022

IFFE Futura is an industrial, financial and educational services group that develops activity around five lines: training (IFFE Business School), consulting, real estate development, functional food (IFFE Biotech) and a business incubator. Its IFFE Biotech arm focuses on research, design, production and marketing of Omega‑3 fatty acids and operates an Omega‑3 factory with a 13,000 tonnes/year production capacity on a 28,800 sqm site in the Ferrol region. The company plans to complete new Omega‑3 production facilities in As Somozas (Galicia) with capacity of more than 10,000 tonnes/year and to start marketing Omega‑3 from 2023 to functional food, pharmaceutical, cosmetic and animal‑feed customers. IFFE also offers SME strategic and financial consultancy and acts as a Registered Advisor to Spain’s MAB through its subsidiary DCM Asesores, while IFFE Desarrollos handles land development for future residential, commercial and industrial projects. The group cites a competitive advantage from its activity diversity, people management and efficiency and sees significant development potential across its business sectors. To support the Omega‑3 expansion and recapitalise the company it has secured an external financing commitment.