# Nuu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nuu-2

- Industry: Food
- Headquarters: Rio de Janeiro, Brazil
- Website: www.nuualimentos.com.br
- Total disclosed funding: $4.3M
- Latest round: Series A (Mar 14, 2024)
- Investors on record: 9

## About

Based in Rio de Janeiro, Brazil, and founded in 2016, Maria Dolores Food Industry and Trade LTDA, d.b.a. Nuu, is a food and beverage-based company that makes old-fashioned food with future generations in mind. In August 2023, Nuu Alimentos raised BRL 20 million in venture funding led by the EcoEnterprises Fund. As of August 2023, Rafaela Gontijo is the CEO of the company.

The company provides various formats and recipes based on cassava, a staple root vegetable. Nuu’s food products are made without gluten, coloring, flavoring, or haste.

The company generates revenue from the sale of products via its e-commerce platform as well as retail locations.

Nuu plans to use its proceeds from August 2023 funding to accelerate marketing and sales initiatives. The company also plans to expand to 6,000 retail locations over the next two years.

## Funding rounds

- Series A, Mar 14, 2024, $0.3M — Investidores, FDC Angels
- Series A, Aug 28, 2023, $4.1M — EcoEnterprises Fund, GVAngels, Gávea Angels, Camel Ventures, Newlin Ventures, MadFish Capital, Bioma Food Hub

## Investors

- EcoEnterprises Fund (https://capitalatlas.ai/funds/ecoenterprises-fund) — Series A
- GVAngels (https://capitalatlas.ai/funds/gvangels) — Series A
- Gávea Angels (https://capitalatlas.ai/funds/gavea-angels) — Series A
- Camel Ventures (https://capitalatlas.ai/funds/camel-ventures) — Series A
- Newlin Ventures (https://capitalatlas.ai/funds/newlin-ventures) — Series A
- MadFish Capital — Series A
- Bioma Food Hub — Series A
- Investidores (https://capitalatlas.ai/funds/investidores) — Series A
- FDC Angels — Series A