# FUMI Ingredients

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fumi-ingredients

- Industry: Food
- Headquarters: Netherlands
- Website: www.fumiingredients.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Jan 30, 2020)
- Investors on record: 2

## About

FUMI Ingredients operates within the food technology sector, specializing in innovative ingredient solutions that enhance product formulations for the food industry.Founded in 2019 and headquartered in the Netherlands, FUMI Ingredients focuses on revolutionizing ingredient applications in food products. The company was established by Corjan van den Berg and Edgar Garcia, and has successfully secured EUR 0.5 million in Seed funding from Innovation Industries and SHIFT Invest as of January 30, 2020. The company has completed a total of 1 funding deal.FUMI Ingredients offers a diverse range of ingredient solutions aimed at improving formulation processes within the food industry. Their core products are designed to support food manufacturers in enhancing product quality and functionality. These solutions cater to various end users, including food producers and beverage companies, who aim to innovate and improve their product offerings. FUMI Ingredients has adapted its services over the years to meet evolving market demands, with a target market that spans North America, Europe, and parts of Asia.The company's revenue is generated through the sale of its specialized ingredient solutions, which are structured around direct sales and possibly partnership models with food manufacturers. Clients engage in transactions based on their specific ingredient needs, with pricing that may vary according to order volume and product complexity. FUMI Ingredients focuses on building strong B2B relationships with food manufacturers who require tailored ingredient solutions for their products.FUMI Ingredients plans to leverage its recent Seed funding of EUR 0.5 million to expand its product offerings and enter new geographical markets. The company is currently developing new innovative ingredient solutions expected to launch within the next year. Additionally, FUMI Ingredients aims to expand its presence in North America and Asia by 2023, targeting strategic partnerships with local food manufacturers to enhance market penetration.

## Funding rounds

- Seed, Jan 30, 2020, $0.6M — SHIFT Invest, Innovation Industries

## Investors

- SHIFT Invest (https://capitalatlas.ai/funds/shift-invest) — Seed
- Innovation Industries (https://capitalatlas.ai/funds/innovation-industries) — Seed