# Soul-K

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soul-k

- Industry: Internet
- Headquarters: Milan, Italy
- Website: www.soul-k.com
- Total disclosed funding: $9.3M
- Latest round: Series B (Apr 6, 2022)
- Investors on record: 4

## About

Soul-K is a Milan-based company specializing in innovative food solutions for the hospitality industry, offering ready-to-eat meals and semi-finished dishes that streamline meal preparation for food service professionals.Founded in 2016 in Milan, Italy, Soul-K focuses on providing tailored food solutions for the hospitality sector. The company has successfully completed 7 deals, with the latest funding round occurring on October 12, 2023, where it raised EUR 13.00 mn led by CDP Venture Capital. The founders, Andrea Cova, Andrew Maccone, and Endriu Maccone, have contributed to the company's growth, positioning it as a key player in food innovation.Soul-K specializes in creating and managing innovative food solutions tailored for the hospitality industry. Their core offerings encompass a range of ready-to-eat meals and semi-finished dishes designed to optimize meal preparation while maintaining high quality. Targeting restaurants, catering services, and food providers, Soul-K's products are engineered to enhance operational efficiency. Utilizing technologies like Generative Manufacturing and Smart Automation, the company ensures production flexibility without sacrificing quality, primarily serving markets in Europe and North America.For the year 2023, Soul-K reported a revenue of EUR 3,842,699.50 and an EBITDA of EUR -3,218,287.60. The company generates revenue through B2B transactions with clients, including restaurants and catering companies, facilitating customized orders and maintaining a streamlined supply chain in response to client needs.Following a recent funding round in October 2023, where Soul-K raised EUR 7.50 mn from BancaTer Credito Cooperativo FVG as part of a larger EUR 20.50 mn venture and debt funding, the company plans to construct a new production plant. This strategic investment aims to expand its operational capacity and improve product offerings. Soul-K is also exploring entry into new markets, focusing on regions where demand for convenient, high-quality food options is growing.

## Funding rounds

- Series B, Apr 6, 2022, $6.8M — Innogest, Azimut, Levante Capital Partners, TAN Food
- Series A, Apr 17, 2018, $2.5M — Innogest, TAN Food

## Investors

- Innogest (https://capitalatlas.ai/funds/innogest) — Series A, Series B
- TAN Food — Series A, Series B
- Azimut (https://capitalatlas.ai/funds/azimut) — Series B
- Levante Capital Partners — Series B