Hamburg-based foodtech startup The Raging Pig has completed a seed financing round for an undisclosed amount. It owes its success to vegan sausage alternatives that aim to reduce the consumption of pork.
The family office Sprout & About Ventures and Solvable Syndicate, which both focus on foodtech, are part of the financing round. The venture capital firm Livian and business angels with an affinity for the industry are also involved. The Raging Pig Company wants to use the money to expand its market presence and become a leading brand for plant-based sausages. In addition to the food retail trade, the catering trade is also seen as a promising sales channel. Customers already include the canteen of broadcaster NDR.
The Raging Pig Company was founded in 2021 by Dr Arne Ewerbeck, who holds a doctorate in physics and is a food blogger, and Constantin Klass, who has a master’s degree in business administration. The founders want to make a contribution to reducing the number of pigs slaughtered each year, which totals around 1.5 billion worldwide. They are pursuing a technological approach in their production that has also attracted the attention of IFB Innovationsstarter GmbH. In August 2023, The Raging Pig Company received funding from the InnoRampUp programme, a rarity in the food sector. The company started with a plant-based bacon alternative and also presented a burger patty based on mushroom mycelium at Internorga 2024. This was a collaboration with Kynda, a foodtech startup from Lower Saxony.
