Willicroft

Willicroft is a plant-based cheese and butter producer based in Amsterdam - we produce plant-based dairy replacements for dairy lovers.
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(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
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Monthly revenue context
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Number of paying customers
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INVESTMENTS

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How much have you raised in the past?
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How much of this round already committed?
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When are you aiming to close this round?
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TEAM

How much time do the founders spend on the business?
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Is there a founder with previous co-founder / c-level at startup experience?
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Is there a founder with previous Sector Experience?
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Is there a founder with previous Exit Experience?
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What percentage of company is owned by founders?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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Graduation year from EUR, Erasmus MC or TUDelft
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OTHER

Year founded
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Patent status
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€40K - €100K
Growth rate month over month
>16%
Monthly revenue context
We're coming out a heavy 3 year period of R&D which enabled the creation of a range of plant-based cheese based on beans and pulses and more recently the release of Europe's first plant-based butter using precise fermentation. In 2023 we're close out with revenue around 325k EUR. In 2024 we have 1.83m EUR revenue locked in to date with 1.33 coming from new customers and 500k EUR form existing customers.
Number of paying customers
10
Monthly active users

INVESTMENTS

Do you have a lead investor?
Yes, 3 of our 4 VC's are joining this round
How much have you raised in the past?
2.5m EUR across 2 rounds. An inital angel lead round Nov 2019 of 500k EUR and pre-seed round led by 4 VC's of 2m EUR April 2022
How much of this round already committed?
500,000
When are you aiming to close this round?
Q1 2023

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
<50% owned by founders
Is there a women founder with at least 5% of the shares?
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
None of these
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2019
Patent status
We working on one for our new fermented butter

Basic details

Amount raising
800000
Country
Netherlands
Industry
Food & Beverages
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
December 19, 2023

Key Achievements

  • The world's highest scoring plant-based cheese or butter b corp
  • We're the first company to produce a plant-based butter using precise fermentation - through fermentation we've replicated butyric acid the key flavour component of dairy butter. As an indication of it's quality we've now got it listed in 4 Michelin star restaurants come January alongside 600 retail stores, 2 caterers, 2 wholesalers and 3 bakers by the end of Q1

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