Crowdfunding
Nuvola Zero Launches an Equity Crowdfunding to Raise 1.5 Million Euros on Mamacrowd
Nuvola Zero has patented the recipe for a “non-flour flour” prepared with a mix of proteins and soluble vegetable fibers. Thanks to the virality and success of its flagship product Cloudbread, a 0% carbohydrate bread substitute, the startup expects to have a turnover of around 2.5 million in 2024. The company now aims to raise 1.5 million euros on Mamacrowd.
Nuvola Zero, a startup founded in 2021 by Cesare De Stefano, Sabrina Venturelli and Sonia Ruggiero, which produces and sells patented ‘free from’ Made in Italy food products, without carbohydrates, sugars, lactose, yeasts and gluten, has successfully launched its first equity crowdfunding campaign on Mamacrowd.
To date, in fact, the company has raised over 600,000 euros from 67 investors against a pre-money valuation of 6.8 million and for a minimum investment of only 250 euros.
And now, the startup aims to raise 1.5 million euros that will be used to strengthen production, introduce new product lines, grow the team and penetrate foreign markets not only through online sales but also through major supermarkets.
Nuvola Zero: Product and process innovation
Nuvola Zero has patented the recipe for a “non-flour flour” prepared with a mix of proteins and soluble vegetable fibers that allows you to prepare sweets, snacks, bread and biscuits with a glycemic index equal to zero.
Overall, there are four patents relating to both the product recipe and the industrial and production process.
The quality of Nuvola Zero products and the need of consumers to meet different dietary needs, made it possible to double the 2022 turnover and reach a turnover of 1.2 million euros in 2023 with an EBIDTA margin of 13%.
Distribution of Nuvola Zero products in Italy and abroad
With a team of 10 people, Nuvola Zero sells its products in Italy to around 500 points of sale through large-scale distribution and is already present in the points of sale of large distributors including Conad, Sigma, Coop, Dimar, Iper la grande I and Carrefour.
Abroad, thanks to e-commerce sales, it is also conquering France, Germany, Spain and Switzerland.
Also thanks to the virality and success of its flagship product Cloudbread, a 0% carbohydrate bread substitute, the startup expects to have a turnover of around 2.5 million in 2024 and is already working to satisfy the high demand from the Italian large-scale retail trade, in addition to introducing new machinery that will also be able to cover ready-made products such as piadinas, pizza bases, pancakes, etc.
Cesare De Stefano, CEO and Founder of Nuvola Zero, said: “ When, with Sabrina and Sonia, we founded Nuvola Zero we started from a personal need to eliminate sugars, lactose and carbohydrates and we realized that there was nothing suitable and ready to use on the market. We started experimenting with different recipes, we wanted them to be good, easy and for everyone.”
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(Featured image by TiBine via Pixabay)
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