Press release

Quest for Growth invests in Prolupin

13 March 2020

Quest for Growth participates in a double-digit million growth financing round for Prolupin GmbH with an investment of € 2 million.

Prolupin is an innovative plant-based protein company based in Grimmen, Germany. Since the market introduction of its Made with LUVE brand in 2015, the company has firmly established itself in the German-speaking retail market with its range of high-quality, plant-based alternative dairy products including non-dairy yoghurts, milks, ice cream and cream cheese. The company manages the full value chain from lupine raw material sourcing to delivering branded consumer products to retail stores. Its core technology competence is in the production of lupine protein isolate at scale. The new financing will allow Prolupin to address the mass market for further growth, expand internationally and grow its plant-based offering both B2C and B2B.

The investment in Prolupin is a co-investment with Capricorn Sustainable Chemistry Fund, a venture capital fund in which Quest for Growth is also an investor.