ARQIS has advised the investors of the Cologne-based ice cream start-up NOMOO, a brand of NRDS, on its first financing round.
A group of three venture capital investors – Quest Solutions, Siltho Research, and AM1 Ventures – participated in the investment. Details of the financing round have not been disclosed.
NOMOO sells the first taste-intensive ice cream that is 100 per cent vegetable. After a 600 per cent growth of the brand in 2018, a further increase is planned for 2019. So far, the start-up has been strongly represented in NRW in particular. NRDS intends to use the fresh capital to make NOMOO known throughout Germany. At the same time, NOMOO’s products are to be made available nationwide in food retailing, gastronomy and online distribution.