the nu company in a €14 million series A led by DLF Venture, Five Seasons Ventures and DX Ventures.

the nu company, a Leipzig, Germany-based producer of healthy, plastic-free and climate-positive food, announced raising €14 million ($16.6M) series A round.

The money was raised from a range of investors led by DLF Venture, Five Seasons Ventures and DX Ventures, and joined by Nico Rosberg, BackBone Ventures and the Austrian food VC Square One Foods.

Douglas CEO Tina Müller and consultant Andrea Gislee Joosen will join the board of directors.

the nu company, founded in 2016 by CEO Thomas Stoffels, Christian Fenner and Mathias Tholey, is committed to the production of healthy, plastic-free and climate-positive snacks, including nut and chocolate bars and protein shakes. The company not only uses natural, plant-based organic ingredients - free of preservatives, industrial sugar and synthetic flavors - but also relies on packaging made from cellulose film that is compostable.

The nu company previously raised €3.7 million in 2020.