Lovely Day Foods

Lovely Day Foods (formerly known by its brand name Perfeggt) is a startup developing plant-based eggs based in Germany. The startup has already released a liquid egg alternative to chicken eggs under its Perfeggt brand, made from plant-based proteins including fava bean; the product can be prepared as a scrambled egg or omelet and can be used for baking and french toast. The company initially launched its product in 2022, in Germany, Switzerland, and Austria, with further European expansions in the following months. It also reported plans to develop egg alternatives suitable for cooking, baking, and frying.

The company claims that producing and consuming its egg alternative involves 85% less greenhouse gas emissions, 76% less water use, and 68% less land use compared with conventional chicken eggs.

Funding and financials

In March 2022, the company raised EUR 1.1 million (~USD 1.2 million) as part of a pre-seed funding round led by several founders of European food and nutrition brands and tech entrepreneurs to support product R&D, team expansion, and its market launch.

In November 2021, November 2021, Perfeggt raised EUR 2.5 million (~USD 2.8 million) in seed funding from EVIG Group, Stray Dog Capital, E²JDJ, Tet Ventures, Good Seed Ventures, Sustainable Food Ventures, and Shio Capital. The startup plans to use the funding to expand its team in research and marketing for its headquarters and R&D facility. In March 2022 , Perfeggt increased its pre-seed funding to EUR 3.6 million (~USD 3.96 million).