Hooked Foods
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | - | - | <1m | <1m | <1m |
% growth | - | - | - | 192 % | - |
EBITDA | - | - | (1.2m) | - | - |
% EBITDA margin | - | - | (680 %) | - | - |
Profit | (<1m) | (<1m) | (1.2m) | - | - |
% profit margin | - | - | (689 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€150k | Seed | ||
$600k | Seed | ||
N/A | N/A | Seed | |
$3.8m | Early VC | ||
* | €626k Valuation: €11.7m | Seed | |
Total Funding | $5.3m |
Related Content
Recent News about Hooked Foods
EditHooked Foods is a pioneering startup focused on creating plant-based seafood alternatives. The company operates primarily in Europe, targeting both restaurants and grocery stores. Hooked Foods addresses the increasing global demand for seafood, which is projected to grow by 30% in the next decade, by offering sustainable and healthy alternatives to traditional seafood. This is particularly important given the current challenges of overfishing, ocean pollution, and the use of antibiotics and heavy metals in fish farming.
The company's mission is to lead the transition towards healthier ocean and lake ecosystems by making plant-based seafood accessible to everyone. Hooked Foods aims to replicate the taste and nutritional benefits of conventional seafood without the associated environmental and health risks. Their product line includes various plant-based seafood options that cater to consumers who are health-conscious, environmentally aware, and looking for sustainable food choices.
Hooked Foods operates in the rapidly growing plant-based food market, which has seen significant interest from both consumers and investors. Their business model involves selling their products directly to restaurants and grocery stores, thereby reaching a wide range of customers. The company generates revenue through these sales, leveraging the growing trend towards plant-based diets and sustainable living.
In summary, Hooked Foods is well-positioned to capitalize on the increasing demand for sustainable seafood alternatives. By offering products that are both delicious and environmentally friendly, the company is set to make a significant impact on the food industry.
Keywords: plant-based, seafood, sustainable, Europe, restaurants, grocery stores, health-conscious, environmentally friendly, overfishing, pollution.