Dutch FoodTech scale-up Rival Foods has secured €10 million in Series B financing. The round was led by pension investor APG, acting on behalf of ABP, with participation from PYMWYMIC and ROM Utrecht Region, and a follow-on investment from existing shareholder PeakBridge. Founded in 2019 as a spin-off from Wageningen University & Research, Rival Foods has developed a proprietary platform for producing whole-cut meat alternatives—products that replicate the structure, flavor, and mouthfeel of conventional meat cuts, while being entirely plant-based, clean label, and minimally processed. Free from artificial additives, these products are crafted to meet the highest culinary standards and are designed for foodservice, retail, and brands seeking to drive plant-based innovation. We advised lead investor APG on this transaction.