About the company
Food Company addresses the challenge of making home cooking easier and more enjoyable. The company aims to redefine home cooking by offering sets of frozen food components or 'food blocks' consisting of vegetables, carbs, and proteins. The company is passed its proof of concept and market validation thanks to its successful commercial launch of 500 sample packs.
Why invest?
With its new concept, Food Company offers home-made meals within 15 minutes at a very competitive price of 5-6 euro per serving. In its early start-up phase, the company already received the financial support of Greenyard, 9.5 Ventures and a couple of angel investors. Now, it wants raise funds to scale its DTC go-to-market strategy, so it can reach 300 monthly active customers and a monthly recurring revenue of €60.000. When it reaches these milestones by Q3 2025, it plans on raising a series A equity round.
The investment
Food Company is now raising €750.000 in convertible loans, so they can realise their milestones by Q3 2025.