Protaneo

What Protaneo does

Protaneo SA is a Swiss food-technology company founded in 2022 that develops, produces, and commercializes 100% plant-based protein ingredients, principally as meat alternatives in dry extruded format. The company operates as a joint venture between IP-SUISSE (an agricultural label cooperative representing Swiss farmers), Feldkost Food AG (a foodservice-oriented food company), and Groupe Minoteries SA (GMSA, a Swiss milling group that hosts the company's operations at Route des Moulins 31, Granges-près-Marnand and performs co-packing). The product portfolio consists of two SKUs: Hachis végétal IP-SUISSE (vegetable mince, 250g package yielding 750g prepared) and Émincé végétal IP-SUISSE (vegetable strips, 120g package yielding 360g prepared), both produced from Swiss-grown fava beans and yellow peas with co-products from pumpkin seed and sunflower oil extraction, free of soy and food additives, storable at ambient temperature, and certified IP-SUISSE, SNHf (Swiss Nutrition & Health Foundation), and ECO-SCORE A+ by Beelong.

The underlying technology is dry extrusion of legume proteins combined with circular-economy valorization of oil-extraction by-products, enabling ambient-temperature storage that eliminates cold-chain requirements for downstream users. Protaneo sells through a hybrid go-to-market: a direct-to-consumer e-commerce storefront on protaneo.ch with Stripe and TWINT payments and Switzerland-wide delivery (5-10 days), and a B2B sales motion targeting industry buyers, retail chains, and the gastronomy/foodservice (Horeca) sector. Pricing is in Swiss Francs at approximately CHF 11-13 per kilogram of finished product, with bulk packaging options (cartons of 6x250g or 3x2kg for hachis; 6x120g or 2x1.5kg for émincé). The customer base is segmented across industry, retail, foodservice, and end consumers, with named reference customers including Saphir (hospitality), Hôpital de Lavaux (healthcare), and Palette Unverpackt Bern (zero-waste retail). The company has received industry recognition including the Promarca "Explorer of the Year 2023" award and the Coreb "Prix à l'innovation broyard 2025".

Name

Protaneo

Legal name

Protaneo SA

Website

https://protaneo.ch

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Protaneo is a Swiss joint venture (IP-SUISSE, Feldkost Food AG, Groupe Minoteries SA) that produces 100% Swiss, dry-extruded plant-protein mince and strips from fava beans and yellow peas, selling direct-to-consumer via its website and B2B to Swiss retail, industry, and foodservice customers.

Ownership category

akta.pro rank

Product category

Plant-based Protein Ingredients

NAICS

Grain and Oilseed Milling (3112)

SIC

Sausages & Other Prepared Meat Products (2013)

akta.pro primary industry

Plant-Based Protein Ingredient Producers (Isolates, Concentrates, Texturates) (AFANAKAB)

akta.pro secondary industries

Proteins & Functional Nutrition Ingredients (Plant/Animal Proteins, Collagen, Amino Acids) (CRADAOAJ), Protein Blends & Systems (Multi-Source Blends, Functional Protein Systems) (AFAJAHAJ)

Keywords

• Plant-based proteins
• Vegetable protein extrudates
• Meat alternatives
• Swiss food production
• Sustainable protein ingredients

Headquarters

HQ city

Granges

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. B2C E-commerce Sales: Direct online sales of plant protein products (hachis and émincé) to consumers through the Protaneo website with delivery across Switzerland.
2. B2B Product Sales: Sales to industry, retail, and foodservice/horeca customers. Products are offered in bulk packaging (cartons of 6x250g, 3x2kg for hachis; cartons of 6x120g, 2x1.5kg for émincé).

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Protaneo develops, produces, and commercializes 100% Swiss plant-based protein extrudates in the form of dry hachis (vegetable mince) and émincé (vegetable strips) made from regional fava beans and yellow peas. The company also valorizes co-products from pumpkin seed and sunflower oil extraction to support a circular economy, offering soy-free, additive-free protein ingredients with ambient-temperature storage for retail, foodservice, and direct consumer channels.

Product overview

Protaneo is a Swiss food company offering a focused portfolio of two extruded plant protein products: Hachis végétal (vegetable mince) and Émincé végétal (vegetable strips). Both products are made from Swiss-grown fava beans and yellow peas, using co-products from pumpkin seed and sunflower oil extraction. The products are certified IP-SUISSE, produced entirely in Switzerland without soy or food additives, and feature ambient temperature storage. The company operates as a joint venture between IP-SUISSE, Feldkost Food AG, and Groupe Minoteries SA, with products processed at GMSA facilities. Target segments include retail, food service/hospitality, and end consumers seeking locally produced, sustainable plant proteins.

Differentiator

Problem solved

Functional benefit

Products and services

• Hachis végétal IP-SUISSE

Quantifiable outcome

• 100/100 on ECO-SCORE by Beelong scale (A+ rating)
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• IP-SUISSEcoreStrategic or Co-development PartnerAgricultural cooperative representing Swiss farmers; provides IP-SUISSE certified fava beans and yellow peas for Protaneo's plant protein products; co-founding joint venture partner.
• Feldkost Food AGcoreStrategic or Co-development PartnerFood company focused on foodservice sector; co-founding joint venture partner contributing market access in gastronomy and restaurant industry.
• Groupe Minoteries SAcoreStrategic or Co-development PartnerSwiss milling group providing manufacturing facilities and production capabilities; host of Protaneo headquarters at Route des Moulins 31, Granges-près-Marnand; co-founding joint venture partner.
• Swiss Nutrition & Health Foundation (SNHf)minorOthersIndependent certification body providing nutritional quality certification for Protaneo products based on scientific criteria.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Planted Foods: Swiss plant-based meat company using peas and other plant proteins to produce structured meat alternatives. Direct peer: same Swiss market, similar ingredient base (legumes), overlapping retail and foodservice channels, and comparable sustainability positioning.
• Rügenwalder Mühle: German traditional meat processor that successfully pivoted to a hybrid meat/plant-based portfolio with mince, strips, and burger SKUs. Closely comparable hybrid B2B/B2C model and product formats to Protaneo, though at significantly larger scale and different geography.

Emerging players

• Heura Foods: Spain-based plant-based meat startup selling mince, strips, and ready meals across European retail and foodservice. Comparable size and stage to Protaneo, with overlapping Mediterranean and DACH retail channels.
• LikeMeat: German plant-based meat brand offering mince, schnitzel, and burger products across DACH retail. Similar product formats and ingredient philosophy (legume-based, no soy) make it a relevant comparable for Protaneo's product positioning.
• Meatless Farm: UK-based plant-based meat producer with mince, burger, and strip products distributed across European retail and foodservice. Comparable size and channel strategy, though focused on UK/Ireland rather than DACH.

Broad incumbents

• Beyond Meat: Global plant-based meat leader with retail and foodservice distribution across Europe, including Switzerland. Competes on the same end-use occasions (mince, strips) but at much larger scale and with a different ingredient base (pea protein).
• Impossible Foods: US plant-based meat innovator with growing European foodservice footprint. Competes on mince and burger formats; relevant benchmark for scaling plant-based meat into retail and QSR but operates at much larger scale and capital intensity than Protaneo.
• The Vegetarian Butcher: Dutch plant-based meat brand now owned by Unilever, supplying European retail and foodservice with mince, strips, and nuggets. Comparable product format and channel mix to Protaneo, with substantially larger distribution and brand investment.
• Quorn: Global mycoprotein-based meat alternative brand with established European retail and foodservice presence. Competes for the same end-use occasions as Protaneo's extruded legume proteins but with a fundamentally different (fermentation-based) technology platform.
• Nestlé Garden Gourmet: Nestlé's plant-based brand offering meat alternatives across Swiss and European retail and foodservice. Directly competes with Protaneo in the same Swiss channels but with vastly greater scale, marketing budget, and SKU breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Protaneo