# The Perennial Foods Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-perennial-foods-group

- Industry: Agribusiness
- Headquarters: Mauritius
- Website: www.perennialfoodsgroup.com
- Total disclosed funding: $1M
- Latest round: Series A (Jun 19, 2018)
- Investors on record: 1

## About

The Perennial Foods Group Limited is a company focused on developing and marketing innovative food products. The firm aims to provide sustainable food solutions while catering to a diverse consumer base.Founded in 2016 in Mauritius, The Perennial Foods Group Limited specializes in food product development. The company has received Series A funding, amounting to USD 1.00 mn, led by Novastar Ventures in June 2018. The founders, Eric Couper and Sidhanth Kamath, have experience in the food industry, contributing to the company's operational strategy and market positioning.The Perennial Foods Group Limited offers a range of innovative food products designed to meet the demands of modern consumers. Their portfolio includes healthy, sustainable options targeted at various market segments, emphasizing quality and sustainability in their offerings. The company aims to reach consumers looking for nutritious and environmentally friendly food choices.In the most recent fiscal year, The Perennial Foods Group Limited reported a revenue of USD 326,377. The firm's EBITDA for the same year was USD -333,794, indicating ongoing investments in growth and development.Looking ahead, The Perennial Foods Group Limited plans to launch new product lines aimed at enhancing its market presence. The company intends to expand into additional geographic regions, focusing on North America and parts of Asia by 2025. The recent Series A funding of USD 1.00 mn will be utilized to support product development and market entry initiatives, as outlined in their strategic growth plan.

## Funding rounds

- Series A, Jun 19, 2018, $1M — Novastar Ventures

## Investors

- Novastar Ventures (https://capitalatlas.ai/funds/novastar-ventures) — Series A