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Hooked Foods

Full company profile

uuid0002psg

Namestring
Hooked Foods
Legal namestring
Hooked Foods AB
Websiteurl
hookedfoods.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Hooked Foods AB was a Stockholm-based plant-based food company founded in 2019 that developed and marketed vegan protein alternatives to chicken, kebab, and seafood. The company built a portfolio of four core frozen SKUs — Vegofilè Original (chicken-inspired filet, 160g), Vegobitar Original (chicken-inspired chunks, 400g, four-ingredient formulation, 22.5g protein/100g), Vegobitar Havets Smaker (tuna-inspired chunks, pea-protein based), and Vegobitar Kebab — using soy concentrate, pea protein, bamboo/citrus fiber, and methylcellulose binders to deliver high-protein (up to 22.5g/100g), low-fat products with short ingredient lists and 4–5 minute cook times from frozen.

The company sold through Swedish retail grocery chains (Coop and ICA, approximately 500 stores at peak), convenience retail (7-Eleven Sweden), and restaurant partners (Hawaiipoke), and expanded into German supermarkets and the wider Nordic region via food distributor partnerships. Go-to-market blended a consumer brand motion (Instagram, TikTok, recipe content marketing, 50% cashback campaigns via the Rabble app at Coop/ICA) with a food-service partnership motion. The company was supported by EIT Food and raised approximately $6 million in total funding — a €5 million venture round (2022, led by Big Idea Ventures with Oysterbay and Brightly) and a €644,000 Crowdcube crowdfunding campaign (July 2023).

Hooked Foods declared bankruptcy in January 2026, citing funding shortages and supply chain failures: its key Portuguese contract manufacturer went bankrupt and a German distributor closed shortly after partnership. The collapse illustrates the operational fragility facing small-scale European plant-based food startups that depend on third-party manufacturing and operate with thin capital reserves.

Short descriptiontext

Hooked Foods was a Swedish plant-based food company that developed frozen vegan protein alternatives (chicken, kebab, and seafood) sold through Coop, ICA, 7-Eleven, and restaurants in Scandinavia and Germany before declaring bankruptcy in January 2026.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNacka, Sweden
HQ citystring
Nacka
HQ countrystring
Sweden
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
plant-based proteins, vegan meat alternatives, plant-based seafood, meat substitute products, frozen vegan foods
Industry2 codes
1Finished Meat-Alternative Prepared Foods (Nuggets, Burgers, Sausages, Ready Meals)
CodeAFANAKAOPrimaryYes
2Frozen Plant-Based & Vegetarian Meals
CodeCRADADAFPrimaryNo
NAICS code1 code
  • Frozen Specialty Food Manufacturing311412
SIC code2 codes
  • Canned, Frozen & Preservd Fruit, Veg & Food Specialties2030
  • Food And Kindred Products2000
Product category
Plant-Based Protein Foods
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Plant-based food product sales
TypeOne Time License
Description

Hooked Foods generated revenue through the sale of plant-based protein products (Vegofilé, Vegobitar, Vegobitar Havets Smaker, Vegobitar Kebab) to retail grocery chains (Coop, ICA) and food service/restaurant partners (Hawaiipoke, 7-Eleven) across Sweden and Germany.

bigideaventures.com
2Crowdfunding
TypeOne Time License
Description

Hooked Foods raised over €638,000–€644,000 through a Crowdcube crowdfunding campaign as an additional financing mechanism beyond venture capital.

crowdcube.eu
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D, Infrastructure
Pricing details1 tier
1Retail grocery store pricing (Coop, ICA)
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Products sold per unit/pack at Coop and ICA retail stores in Sweden. No specific pricing disclosed publicly.

hookedfoods.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Hooked Foods manufactured and sold a portfolio of 100% plant-based, frozen protein products designed as alternatives to chicken, kebab, and seafood. The portfolio comprised four SKUs: Vegofil é Original (160g plant-based filet), Vegobitar Original (400g chicken-inspired chunks), Vegobitar Havets Smaker (400g seafood-inspired chunks), and Vegobitar Kebab (400g kebab alternative). Products were formulated with soy concentrate and/or pea protein, delivering high protein content (up to 22.5g per 100g), low fat, fiber, and iron, with preparation times of 4–5 minutes from frozen, sold primarily through retail grocery (Coop, ICA) and food service channels in Sweden and Germany.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 2.8x revenue growth in 2022
+1 more record
Product overview1 text field

Hooked Foods is a Swedish plant-based food company creating vegan protein products as sustainable alternatives to animal proteins. The product portfolio includes four main offerings: Vegofilé Original (a plant-based chicken-inspired filet at 160g), Vegobitar Original (plant-based chicken-inspired chunks at 400g), Vegobitar Havets Smaker (plant-based seafood-inspired chunks at 400g), and Vegobitar Kebab (plant-based kebab alternative at 400g). All products are 100% plant-based, high in protein, and designed for mainstream consumers seeking sustainable food choices. The products are sold frozen in Swedish retail chains (Coop, ICA), convenience stores (7-Eleven), and restaurants. The company was founded in 2019 and declared bankruptcy in January 2026.

Product and service4 records
1Vegofil é Original
CategoryPlant-based protein product (chicken alternative)
Description

A 160g plant-based filet with authentic chicken-inspired taste and texture, made from wheat, soy, and pea protein with bamboo and citrus fiber, methylcellulose thickener, and natural flavors. Designed for pan-frying, grilling, or oven baking. Per 100g: 167 kcal, 10g fat, 10g protein, 7.1g fiber. Intended for health-conscious consumers and food service operators seeking a vegan chicken alternative.

2Vegobitar Original
CategoryPlant-based protein product (chicken chunks)
Description

A 400g pack of plant-based protein chunks inspired by chicken, made with only four ingredients: water, soy concentrate, salt, and natural flavors. Per 100g: 125 kcal, 22.5g protein, 7.2g fiber, with a complete amino acid profile. Targeted at consumers seeking a minimal-ingredient, high-protein chicken alternative and restaurants/food service operators incorporating plant-based protein into menu items.

3Vegobitar Havets Smaker (Sea Flavors)
CategoryPlant-based protein product (seafood alternative)
Description

A 400g pack of plant-based seafood-inspired chunks with tuna-like taste, made from pea protein, pea fiber, sunflower oil, and natural flavors. Per 100g: 137 kcal, 17g protein, 4.8g fat, 3.2g fiber, 4.4mg iron. Suitable for wraps, poke bowls, and cold or hot dishes. Targeted at consumers and restaurants seeking a plant-based seafood/tuna alternative.

4Vegobitar Kebab
CategoryPlant-based protein product (kebab alternative)
Description

A 400g pack of plant-based kebab alternative with authentic kebab flavor and simple preparation. Made from water, soy concentrate, flavors, rapeseed oil, salt, caramel color, and iron pyrophosphate. Per 100g: 148 kcal, 21g protein, 2.9g fat, 7.2g fiber, 4.4mg iron. Targeted at consumers and food service operators seeking a plant-based kebab alternative for quick meals and menu items.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Hooked Foods was supported by EIT – European Institute of Innovation & Technology, a European Union body that fosters innovation and entrepreneurship in sustainable food systems.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Leading global plant-based meat alternative brand with direct product overlap in frozen retail and food service channels; comparable in offering chicken-inspired, kebab-style, and seafood-adjacent SKUs and competing for the same European retail shelf space.

TypeDirect peer
Description

Plant-based protein brand with chicken and meat alternative products; competes in the same alt-protein category and targets similar food-service and retail customers across Europe.

TypeDirect peer
Description

German plant-based meat alternative brand with frozen retail products (chicken-style, kebab-style) competing directly in the DACH market that Hooked Foods was attempting to enter.

TypeBroad incumbent
Description

Established UK-based mycoprotein meat alternative brand with broad frozen retail distribution across Europe; competes in the same frozen plant-based protein category with greater scale and brand recognition.

TypeBroad incumbent
Description

Nestlé's plant-based brand offering frozen chicken and meat alternatives across European grocery; competes in the same retailer freezer aisles in Sweden and Germany with significantly greater marketing and trade-spend resources.

TypeBroad incumbent
Description

German meat processor with a large plant-based portfolio including vegetarian/vegan meat alternatives and kebab-style products; a leading competitor in the DACH frozen plant-based segment.

TypeDirect peer
Description

North American plant-based brand with frozen chicken, kebab, and fish-style products sold through grocery and food service; comparable in product format and category positioning.

TypeEmerging player
Description

Smaller-scale plant-based brand offering frozen bowls, burritos, and meat alternatives; comparable as a smaller emerging player in the frozen plant-based prepared food category.

TypeRegional player
Description

Swedish plant-based food brand with strong Nordic retail presence and crossover into broader plant-based categories; comparable as a fellow Swedish plant-based CPG brand that established mainstream Nordic retail listings.

TypeBroad incumbent
Description

Unilever-owned plant-based meat alternative brand operating across European retail; competes with Hooked Foods in the same frozen plant-based chicken and meat alternative category with the backing of a global CPG owner.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds8 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors14 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hooked Foods

Plant-Based Protein Foodshookedfoods.com

Hooked Foods was a Swedish plant-based food company that developed frozen vegan protein alternatives (chicken, kebab, and seafood) sold through Coop, ICA, 7-Eleven, and restaurants in Scandinavia and Germany before declaring bankruptcy in January 2026.

What Hooked Foods does

Hooked Foods AB was a Stockholm-based plant-based food company founded in 2019 that developed and marketed vegan protein alternatives to chicken, kebab, and seafood. The company built a portfolio of four core frozen SKUs — Vegofilè Original (chicken-inspired filet, 160g), Vegobitar Original (chicken-inspired chunks, 400g, four-ingredient formulation, 22.5g protein/100g), Vegobitar Havets Smaker (tuna-inspired chunks, pea-protein based), and Vegobitar Kebab — using soy concentrate, pea protein, bamboo/citrus fiber, and methylcellulose binders to deliver high-protein (up to 22.5g/100g), low-fat products with short ingredient lists and 4–5 minute cook times from frozen.

The company sold through Swedish retail grocery chains (Coop and ICA, approximately 500 stores at peak), convenience retail (7-Eleven Sweden), and restaurant partners (Hawaiipoke), and expanded into German supermarkets and the wider Nordic region via food distributor partnerships. Go-to-market blended a consumer brand motion (Instagram, TikTok, recipe content marketing, 50% cashback campaigns via the Rabble app at Coop/ICA) with a food-service partnership motion. The company was supported by EIT Food and raised approximately $6 million in total funding — a €5 million venture round (2022, led by Big Idea Ventures with Oysterbay and Brightly) and a €644,000 Crowdcube crowdfunding campaign (July 2023).

Hooked Foods declared bankruptcy in January 2026, citing funding shortages and supply chain failures: its key Portuguese contract manufacturer went bankrupt and a German distributor closed shortly after partnership. The collapse illustrates the operational fragility facing small-scale European plant-based food startups that depend on third-party manufacturing and operate with thin capital reserves.

Hooked Foods firmographics

Firmographics
Name
Hooked Foods
Legal name
Hooked Foods AB
Website
https://hookedfoods.com
Company type
Private
Founded year
2019
Operating status
Closed
Headcount range
11–50 employees
Short description
Hooked Foods was a Swedish plant-based food company that developed frozen vegan protein alternatives (chicken, kebab, and seafood) sold through Coop, ICA, 7-Eleven, and restaurants in Scandinavia and Germany before declaring bankruptcy in January 2026.
Ownership category
akta.pro rank

Hooked Foods industry classification

Industry
Product category
Plant-Based Protein Foods
NAICS
Frozen Specialty Food Manufacturing (311412)
SIC
Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Food And Kindred Products (2000)
akta.pro primary industry
Finished Meat-Alternative Prepared Foods (Nuggets, Burgers, Sausages, Ready Meals) (AFANAKAO)
akta.pro secondary industry
Frozen Plant-Based & Vegetarian Meals (CRADADAF)

Keywords

  • Plant-based proteins
  • Vegan meat alternatives
  • Plant-based seafood
  • Meat substitute products
  • Frozen vegan foods

Where Hooked Foods is headquartered

Location

Headquarters

HQ city
Nacka
HQ country
Sweden
HQ region
Europe

Offices2 records

Markets served

Hooked Foods business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. Plant-based food product sales: Hooked Foods generated revenue through the sale of plant-based protein products (Vegofilé, Vegobitar, Vegobitar Havets Smaker, Vegobitar Kebab) to retail grocery chains (Coop, ICA) and food service/restaurant partners (Hawaiipoke, 7-Eleven) across Sweden and Germany.
  2. Crowdfunding: Hooked Foods raised over €638,000–€644,000 through a Crowdcube crowdfunding campaign as an additional financing mechanism beyond venture capital.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goRetail grocery store pricing (Coop, ICA)

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Hooked Foods product offering

Product offering

Core offering

Hooked Foods manufactured and sold a portfolio of 100% plant-based, frozen protein products designed as alternatives to chicken, kebab, and seafood. The portfolio comprised four SKUs: Vegofil é Original (160g plant-based filet), Vegobitar Original (400g chicken-inspired chunks), Vegobitar Havets Smaker (400g seafood-inspired chunks), and Vegobitar Kebab (400g kebab alternative). Products were formulated with soy concentrate and/or pea protein, delivering high protein content (up to 22.5g per 100g), low fat, fiber, and iron, with preparation times of 4–5 minutes from frozen, sold primarily through retail grocery (Coop, ICA) and food service channels in Sweden and Germany.

Product overview

Hooked Foods is a Swedish plant-based food company creating vegan protein products as sustainable alternatives to animal proteins. The product portfolio includes four main offerings: Vegofilé Original (a plant-based chicken-inspired filet at 160g), Vegobitar Original (plant-based chicken-inspired chunks at 400g), Vegobitar Havets Smaker (plant-based seafood-inspired chunks at 400g), and Vegobitar Kebab (plant-based kebab alternative at 400g). All products are 100% plant-based, high in protein, and designed for mainstream consumers seeking sustainable food choices. The products are sold frozen in Swedish retail chains (Coop, ICA), convenience stores (7-Eleven), and restaurants. The company was founded in 2019 and declared bankruptcy in January 2026.

Differentiator

Problem solved

Functional benefit

Products and services

  • Vegofil é Original A 160g plant-based filet with authentic chicken-inspired taste and texture, made from wheat, soy, and pea protein with bamboo and citrus fiber, methylcellulose thickener, and natural flavors. Designed for pan-frying, grilling, or oven baking. Per 100g: 167 kcal, 10g fat, 10g protein, 7.1g fiber. Intended for health-conscious consumers and food service operators seeking a vegan chicken alternative.
  • Vegobitar Original A 400g pack of plant-based protein chunks inspired by chicken, made with only four ingredients: water, soy concentrate, salt, and natural flavors. Per 100g: 125 kcal, 22.5g protein, 7.2g fiber, with a complete amino acid profile. Targeted at consumers seeking a minimal-ingredient, high-protein chicken alternative and restaurants/food service operators incorporating plant-based protein into menu items.
  • Vegobitar Havets Smaker (Sea Flavors) A 400g pack of plant-based seafood-inspired chunks with tuna-like taste, made from pea protein, pea fiber, sunflower oil, and natural flavors. Per 100g: 137 kcal, 17g protein, 4.8g fat, 3.2g fiber, 4.4mg iron. Suitable for wraps, poke bowls, and cold or hot dishes. Targeted at consumers and restaurants seeking a plant-based seafood/tuna alternative.
  • Vegobitar Kebab A 400g pack of plant-based kebab alternative with authentic kebab flavor and simple preparation. Made from water, soy concentrate, flavors, rapeseed oil, salt, caramel color, and iron pyrophosphate. Per 100g: 148 kcal, 21g protein, 2.9g fat, 7.2g fiber, 4.4mg iron. Targeted at consumers and food service operators seeking a plant-based kebab alternative for quick meals and menu items.

Quantifiable outcome

  • 2.8x revenue growth in 2022
  • +1 more outcomes

Companies that use Hooked Foods

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Hooked Foods technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Hooked Foods partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • EIT – European Institute of Innovation & TechnologycoreStrategic or Co-development PartnerHooked Foods was supported by EIT – European Institute of Innovation & Technology, a European Union body that fosters innovation and entrepreneurship in sustainable food systems.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Hooked Foods competitors and assessment

Company assessment

Direct peers

  • Beyond Meat: Leading global plant-based meat alternative brand with direct product overlap in frozen retail and food service channels; comparable in offering chicken-inspired, kebab-style, and seafood-adjacent SKUs and competing for the same European retail shelf space.
  • Impossible Foods: Plant-based protein brand with chicken and meat alternative products; competes in the same alt-protein category and targets similar food-service and retail customers across Europe.
  • LikeMeat: German plant-based meat alternative brand with frozen retail products (chicken-style, kebab-style) competing directly in the DACH market that Hooked Foods was attempting to enter.
  • Gardein: North American plant-based brand with frozen chicken, kebab, and fish-style products sold through grocery and food service; comparable in product format and category positioning.

Broad incumbents

  • Quorn: Established UK-based mycoprotein meat alternative brand with broad frozen retail distribution across Europe; competes in the same frozen plant-based protein category with greater scale and brand recognition.
  • Garden Gourmet (Nestlé): Nestlé's plant-based brand offering frozen chicken and meat alternatives across European grocery; competes in the same retailer freezer aisles in Sweden and Germany with significantly greater marketing and trade-spend resources.
  • Rügenwalder Mühle: German meat processor with a large plant-based portfolio including vegetarian/vegan meat alternatives and kebab-style products; a leading competitor in the DACH frozen plant-based segment.
  • Vegetarian Butcher (Unilever): Unilever-owned plant-based meat alternative brand operating across European retail; competes with Hooked Foods in the same frozen plant-based chicken and meat alternative category with the backing of a global CPG owner.

Emerging players

  • Alpha Foods: Smaller-scale plant-based brand offering frozen bowls, burritos, and meat alternatives; comparable as a smaller emerging player in the frozen plant-based prepared food category.

Regional players

  • Oatly: Swedish plant-based food brand with strong Nordic retail presence and crossover into broader plant-based categories; comparable as a fellow Swedish plant-based CPG brand that established mainstream Nordic retail listings.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Hooked Foods social profiles

Digital presence

Hooked Foods financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hooked Foods leadership team

Management profile

Number of profiles

Profiles4 records

Hooked Foods funding detail

Funding detail

Funding overview

Funding rounds8 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hooked Foods M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hooked Foods

What does Hooked Foods do?

Hooked Foods manufactured and sold a portfolio of 100% plant-based, frozen protein products designed as alternatives to chicken, kebab, and seafood. The portfolio comprised four SKUs: Vegofil é Original (160g plant-based filet), Vegobitar Original (400g chicken-inspired chunks), Vegobitar Havets Smaker (400g seafood-inspired chunks), and Vegobitar Kebab (400g kebab alternative). Products were formulated with soy concentrate and/or pea protein, delivering high protein content (up to 22.5g per 100g), low fat, fiber, and iron, with preparation times of 4–5 minutes from frozen, sold primarily through retail grocery (Coop, ICA) and food service channels in Sweden and Germany.

Is Hooked Foods a public or private company?

Hooked Foods is a private company. It is classified as venture growth investor backed and is currently closed.

When was Hooked Foods founded?

Hooked Foods was founded in 2019. It employs 11 to 50 people.

Where is Hooked Foods based?

Hooked Foods is headquartered in Nacka, Sweden, in the Europe region.

How does Hooked Foods make money?

Two revenue lines are on record. Plant-based food product sales are the primary driver. The others are crowdfunding.

Who are Hooked Foods's main competitors?

Direct peers on record are Beyond Meat, Impossible Foods, LikeMeat and Gardein. Broad incumbents are Quorn, Garden Gourmet (Nestlé), Rügenwalder Mühle and Vegetarian Butcher (Unilever). Alpha Foods is listed as an emerging player. Oatly is listed as a regional player.

Does Hooked Foods have an API?

No public API is recorded for Hooked Foods.

What industry is Hooked Foods in?

Hooked Foods's product category is Plant-Based Protein Foods. Its primary akta.pro industry code is AFANAKAO, Finished Meat-Alternative Prepared Foods (Nuggets, Burgers, Sausages, Ready Meals), with a secondary code of CRADADAF, Frozen Plant-Based & Vegetarian Meals. Its NAICS code is 311412 and its SIC code is 2030.

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Live signals
GreenqueenSwedish Plant-Based Meat & Seafood Startup Hooked Foods ShutsSwedish plant protein startup Hooked Foods has declared bankruptcy and shut down operations after running out of cash, becoming the latest casualty in the struggling plant-based food sector. Founded in 2019 in Stockholm, the company produced plant-based tuna, salmon, and chicken products available in around 500 Swedish retail stores and German supermarkets, having raised over $6 million in total funding. The closure highlights the broader challenges facing the alternative protein industry, including waning consumer demand, production and supply chain issues, and investor retreat following poor stock market performances by sector leaders.LinkedInPLANT-BASED MEAL DELIVERY SPLENDID SPOON ACQUIRES MOSAIC FOODS Splendid Spoon, founded in 2013, specializes in ready-to-eat fresh and plant-based meals including soups, grain bowls, and smoothies…Swedish plant-based food startup Hooked Foods has declared bankruptcy and ceased operations, citing funding shortages and persistent supply chain challenges that made its business model unsustainable. The Stockholm-based company, founded in 2019, produced vegan tuna, salmon, and chicken products available in approximately 500 Swedish retail stores and some German supermarkets, having previously raised over $6 million in total investment. The collapse follows a broader slowdown in the alternative protein sector, with Hooked Foods' demise compounded by its key Portuguese manufacturing partner going bankrupt and a German distributor closing shortly after partnering with the company.bigideaventures -Hooked Foods Raises €644,000 in Crowdfunding Campaign, Sets Sights on German MarketSwedish vegan seafood startup Hooked Foods has raised over €644,000 through a crowdfunding campaign on Crowdcube, exceeding its initial financial goal. The company plans to use the new capital to develop additional products and expand its market presence across the Nordic region and into Germany.GreenqueenHooked Foods Raises €644,000 in Crowdfunding Campaign, Sets Sights on German MarketSwedish vegan seafood startup Hooked Foods raised €644,000 through a crowdfunding campaign on Crowdcube, exceeding its initial financial goal. The company plans to use the funds to develop new products and expand into the German market, supported by a partnership with sales agency Ooha. This expansion follows a previous €5 million venture financing round and aims to capitalize on the growing global plant-based seafood sector.CrowdcubeHooked Foods raised investmentHooked Foods, a plant-based seafood company, has raised €638,464 through a Crowdcube equity round to support its expansion into the Nordics region and product development. The company reported 2.8x revenue growth in 2022, reaching €450k, following the launch of new products and entry into Finnish and Icelandic markets.vegconomistHooked Foods Receives “Overwhelming Support” from Crowdfunding Investors to Launch Plant-Based Fish in GermanyHooked Foods has secured SEK6 million (€500,000) in its first crowdfunding round on Crowdcube and plans to expand into the German market through a partnership with sales agency Ooha. The company has also raised over €5 million from impact investors including Brightly Ventures and Veg Capital, leveraging these funds to scale its plant-based seafood product line.CrowdcubeHooked Foods raised investmentHooked Foods is raising investment to support its expansion into new markets and product lines, having achieved 2.8 times revenue growth in 2022. The plant-based seafood company aims to address marine ecosystem threats by offering sustainable alternatives.GreenqueenSweden’s Hooked Foods Nets €3.8M Ahead of Vegan Salmon LaunchHooked Foods, a Swedish plant-based seafood startup, raised €3.8 million in a new funding round from Brightly Ventures, Oyster Bay VC, and Danny Saucedo. The funds will accelerate R&D and the launch of its plant-based shredded salmon, which it claims will be the first of its kind. The company also has Toonish, a vegan tuna alternative, already on the Swedish market.Dagens industriHooked Foods tar in 39 miljoner kronorSwedish plant-based food company Hooked Foods has secured 39 million SEK in venture capital funding to support the expansion of its tuna substitute, Toonish, into Swedish grocery stores and international markets. The investment includes participation from Oyster Bay Venture Capital, which aims to leverage its expertise for Hooked's planned entry into the German market. The company intends to use the funds to increase staffing, establish a dedicated laboratory, and further develop its product line, including a future salmon substitute.