# Olyra Greek Nutrition Products

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/olyra-greek-nutrition-products-s-a

- Industry: Food
- Headquarters: Alexandroupolis, Greece
- Website: www.olyrafoods.com
- Total disclosed funding: $4M
- Latest round: Series A (Feb 27, 2023)
- Investors on record: 1

## About

Based in Evros, Greece, and founded in 2017 by its CEO, Yannis Varellas Ouzounopoulos, Olyra Greek Nutrition Products S.A., trading as Olyra Food, operates as an organic food company that specializes in producing breakfast biscuits made from Greek grains. In February 2023, Olyra Greek Nutrition Products S.A. raised USD 4 million in series A funding led by new investor Bimbo Ventures, with participation from other unspecified investors. As of April 2023, the company's products are available in over 5,000 retail locations nationwide.

Olyra Greek Nutrition Products S.A. offers biscuits filled with double chocolate, peanut butter, and almond butter. The company also offers sandwich biscuits, and breakfast biscuits in dark chocolate, hazelnut cocoa, greek yogurt blueberry, hazelnut carob, cinnamon tahini, and fig anise flavors. Furthermore, the company provides a trial kit of each flavor of breakfast biscuits.

Olyra Greek Nutrition Products S.A. makes money by selling directly to consumers on its own website and by collaborating with merchants.

The company plans to use the series A funding to hire a marketing director, improve brand awareness, and expand its digital presence.

## Funding rounds

- Series A, Feb 27, 2023, $4M — Bimbo Ventures

## Investors

- Bimbo Ventures (https://capitalatlas.ai/funds/bimbo-ventures) — Series A