Wednesday, 8 May 2019

Orth Kluth advises ice startup NOMOO on financing round

The ice startup NRDS GmbH with its ice cream brand NOMOO, vegan ice cream made from natural ingredients, was advised by Orth Kluth in the first round of financing. NOMOO has received capital for the coming growth phase through the investment of three venture capitalists, led by Quest Solution GmbH.

The ice startup recorded very strong growth in 2018. The capital will be used to continue the successful growth of the NOMOO brand. The awareness of the ice produced exclusively on a plant-based basis - currently strongly represented above all in NRW - is to be increased throughout Germany. At the same time, the products are to be made available nationwide in the branch network of the food retail trade, gastronomy and online.

Orth Kluth advised the new client NRDS GmbH under the lead management of Dr. Robert Orth, Corporate/M&A, during the entire financing round.

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Claire Jablonka
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