ARQIS has advised the investors of the Cologne-based ice cream start-up NOMOO, a brand of NRDS GmbH, on its first financing round. A group of three venture capital investors (Quest Solutions GmbH, Siltho Research GmbH and AM1 Ventures GmbH) participated in the investment. Details of the financing round were not disclosed.
NOMOO sells the first taste-intensive ice cream that is 100% vegetable. After a 600% 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 GmbH 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.
Advisors to investors
ARQIS Rechtsanwälte: Dr. Mirjam Boche (Lead; M&A/Venture Capital); Malte Griepenburg (Corporate law); Dr. Philipp Maier (IP); Saskia Kirschbaum (Labour law)