TiNDLE Foods (formerly Next Gen Foods), is a plant-based startup co-founded by Timo Recker in 2020. The company aims to run an asset-light business model, manufacturing in the Netherlands through partners while the company focuses on R&D from Singapore.
TiNDLE uses soy proteins, wheat gluten, wheat starch, coconut fat, sunflower oil, and other binding agents and additives, as well as an alternative to chicken fat from a plant-based blend called “Lipi” to develop its range of plant-based chicken alternatives which includes nuggets, wings, tenders, popcorn chicken, and patties.
Following its rebranding in August 2023, the company aimed to introduce a range of plant-based sausage products, including Bratwurst, Italian, and Savoury Breakfast varieties. In September 2023, the company launched the TiNDLE Breakfast Sausage, its first product entirely manufactured in the US. Further, in March 2024, the company launched plant-based bratwurst in Germany. In August 2024, TiNDLE launched the TiNDLE Stuffed Chicken range and expanded its retail distribution through The GIANT Company.
Key customers and partnerships
In June 2023, TiNDLE Foods secured a media-for-equity deal with SevenVentures, the investment arm of Germany's largest media and digital company ProSiebenSat.1, to increase awareness of its plant-based chicken brand, TiNDLE, in Germany. In September 2023, the company partnered with Mr. Charlie’s and Neat Burger (NYC Nolita location) to offer the TiNDLE Breakfast Sausage and JUST Egg breakfast sandwich. Later, in November 2023, the company announced its US retail launch in partnership with several established retailers, including Giant Eagle and FreshDirect.
Funding and Financials
In February 2022, the startup secured USD 100 million in fresh funding from new and existing investors. The funds were earmarked for its Singapore R&D center, and its US expansion plans.
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