# the nu company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-nu-company

- Industry: Food
- Headquarters: Leipzig, Germany
- Website: www.the-nu-company.com
- Total disclosed funding: $17M
- Latest round: Series A (Jun 1, 2021)
- Investors on record: 10

## About

Founded in 2016 and based in Leipzig, Germany, the nu company GmbH is a manufacturer of protein-based food and beverage products. The company was founded by Mathias Tholey, Thomas Stoffels, and Thomas Teichert. In September 2021, the nu company GmbH raised its latest EUR 14 million series A funding from a group of investors that includes DLF Venture, Five Seasons Ventures, and DX Ventures.

The company offers various protein-based food and beverage products such as spreads, chocolates, protein bars, and protein powder. The products also offer less sugar, organic-based formula, vegan-certified ingredients, and plastic-free packaging. The company also offers apparel such as shakers, t-shirts, and sweaters. It also has a campaign where every product sold equivalents to one planted tree in cooperation with its partner Eden Reforestation Projects.

The company's revenue is generated through the sales of its products such as spreads, trial boxes, chocolate bars, protein shakes and bars, and apparel through its online marketplace with price ranges from EUR 6.99 to EUR 99.99.

The company plans to use the proceeds of its latest Series A funding to expand its team in its key sectors and geographies.

## Funding rounds

- Series A, Jun 1, 2021, $17M — Wepa, Five Seasons Ventures, BackBone Ventures, Treuenburg GmbH, Millhouse Capital, DLF Venture, Kraut Capital, Delivery Hero Ventures, Square One Foods, Legacy Ventures

## Investors

- Wepa — Series A
- Five Seasons Ventures (https://capitalatlas.ai/funds/five-seasons-ventures) — Series A
- BackBone Ventures (https://capitalatlas.ai/funds/backbone-ventures) — Series A
- Treuenburg GmbH (https://capitalatlas.ai/funds/treuenburg-gmbh) — Series A
- Millhouse Capital — Series A
- DLF Venture (https://capitalatlas.ai/funds/dlf-venture) — Series A
- Kraut Capital — Series A
- Delivery Hero Ventures (https://capitalatlas.ai/funds/delivery-hero-ventures) — Series A
- Square One Foods (https://capitalatlas.ai/funds/square-one-foods) — Series A
- Legacy Ventures (https://capitalatlas.ai/funds/legacy-ventures) — Series A