Austria's Revo Foods Raises €2 Million, Aims for Profitability in 2027

en.Wedoany.com Reported - Austrian food tech company Revo Foods has scaled its proprietary patented 3D printing process to the production of plant-based fish and chicken alternatives, currently operating six printers, which it says can produce one food item every three seconds, and is raising €2 million ($2.3 million) to support business growth, with the goal of achieving profitability in the third quarter of 2027.

The Vienna-based company expects sales to grow 80% to 90% in 2026, following triple-digit growth in 2025. The company's first-half revenue rose 70% year-on-year, with full-year sales expected to be approximately €1.5 million ($1.7 million). CEO David Petuzzi said the company aims to achieve profitability in the third quarter of next year.

In terms of technology, Revo initially replicated the texture of salmon by layering proteins with fats, then expanded to other seafood alternatives and launched El Pollo, a chicken alternative made using third-party fungal protein. The company has shifted 3D food printing from a batch process to continuous production, with each printer equipped with 16 nozzles, a single machine capable of producing eight fish fillets simultaneously, and the same equipment able to switch between white fish, salmon, and chicken alternatives.

For capacity expansion, Revo chose to increase the number of printers and nozzles rather than purchasing larger industrial equipment. This modular approach allows a single machine to go offline without stopping the entire production line. Petuzzi said each printer's components cost approximately €25,000 ($29,000), and the company estimates the payback period for additional machines at less than two months.

On the financing front, Revo has secured €1 million ($1.2 million) in this funding round, having previously raised funds from angel investors, crowdfunding, and Austrian public grant channels. Petuzzi said venture capital investors are increasingly favoring plant-based companies capable of achieving extremely high valuations, so Revo is also seeking investment from family offices and angel investors. He said the company only needs another €1 million to reach break-even.

In terms of market distribution, Germany and Austria contribute about 80% of revenue, with growth coming from new retail listings and stronger sales at existing stores, though Petuzzi said performance varies greatly by location. In the United States, Revo entered the market through a partnership with Slovenian alternative protein company Juicy Marbles, which sells Revo's salmon and white fish alternatives under its own brand.