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Willicroft

Direct Message
December 19, 2023
Data is self reported
Willicroft is a plant-based cheese and butter producer based in Amsterdam - we produce plant-based dairy replacements for dairy lovers.

Achievement

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Founded in

2019

Country

Netherlands

Industry

Food & Beverages

Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Previous startup experience

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

1000000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Paying customers

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Monthly active users

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Willicroft

Direct Message
December 19, 2023
Data is self reported

Team

Number of founders

2

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

1000000

Ownership founders

<50% owned by founders

Lead investor

Yes, 3 of our 4 VC's are joining this round

Current investors

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

Intended closing date

Q2 2024

Fundraising status

Already committed

350,000

Revenue Metrics

Monthly revenue

€40K - €100K

Monthly growth

>16%

Paying customers

20

Monthly active users

Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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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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OTHER

Year founded
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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
20
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?
350,000
When are you aiming to close this round?
Q2 2024

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're working on a patent-pending application for our new fermented plant-butter

Basic details

Amount raising
1000000
Country
Netherlands
Industry
Food & Beverages
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
December 19, 2023

Key Achievements

  • Releasing a plant-butter used by 6 Michelin star chefs using a 1st of it's kind fermentation process

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