November 25, 2020

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French newborn foodstuff maker Yooji secures 7.5m euros in funding

French infant food producer Yooji has lifted €7.5 million in a funding spherical backed by...

French infant food producer Yooji has lifted €7.5 million in a funding spherical backed by present shareholder Danone.

Established in 2012, Yooji manufactures and sells quick-to-get ready organic and natural child food built with domestically sourced substances.

Absolutely free from additives, Yooji products purpose to attraction to individuals wanting for nutritious and hassle-free baby foods that is as comparable as probable to house-cooked food.

The business is also mentioned to prioritise sustainability and to intention to minimise its footprint with squander reduction programs, sustainable packaging and 100% renewable electricity sources.

The new funding spherical acquired participation from Pymwymic (Place Your Dollars Where Your This means Is Community) and DS Participation.

They joined existing traders Danone Manifesto Ventures, CapAgro and Caravelle in backing Yooji’s hottest financing thrust.

Pymwymic suggests that it will support Yooji’s ‘impact mission’ in the spots of sustainability and endorsing wholesome meal plans for infants.

“Yooji has developed a special and sustainable giving: delicious, healthy, no additives, clear and with treatment for the setting,” said Monique Meulemans, investment manager at Pymwymic.

“We proudly assistance them to feed our newborns and engage in their section in transitioning foreseeable future generations toward additional healthful diet programs.”

Paul Chifflet, head of Europe at Danone Manifesto Ventures, extra: “At Danone Manifesto Ventures, we are proud of Yooji’s achievements above the past three a long time and a lot more than at any time certain that their products offer you responses the wants of today’s youthful parents.

“We are really content to be portion of this new fund increasing meant to push progress, in line with our mission to help business people who invent the foreseeable future of healthier and sustainable foods.”