Dreamfarm, an Italian startup specialising in plant-based cheese alternatives, has secured €5 million in total investment. The company unveiled the world’s inaugural government-certified liquid plant-based alternative to mozzarella, boasting a Nutriscore A rating.
The investors include notable business angels, such as Giampaolo Cagnin, a seasoned entrepreneur with a history of founding Italiana Ingredienti, Campus, and Hi-Food, and Francesco Mutti, the owner and CEO of the Mutti Group. Their wealth of experience in both B2B and B2C food sectors lends valuable support to the startup.
In addition to this, Giovanni Menozzi has recently joined as CEO of the company.
Dreamfarm has already utilised the entire funding to establish an innovative production facility in Sala Baganza (PR), equipped with specialised machinery for optimising a unique and patented production process. In May 2023, the company introduced its first two products: a government-certified liquid plant-based mozzarella alternative and a spreadable variant, both produced through almond fermentation using proprietary selected cultures.
Founded by Maddalena Zanoni and Mattia Sandei, this latest investment will primarily be directed towards expanding distribution channels in Italy and internationally, as well as furthering research and development efforts to enhance the product portfolio while remaining true to the company’s core philosophy.
“Dreamfarm’s alternative to mozzarella is an innovative product with less than 1% saturated fat, making it appealing to consumers increasingly conscious of sustainability and nutritional profiles, but unwilling to compromise on the goodness of a typically Italian product” said Giovanni Menozzi, a Parmesan native. “It’s a dream come true to create a venture like Dreamfarm right here and have entrepreneurs of this caliber as part of our team. The sector is experiencing significant growth, and we are confident that we can make a global impact with the type of products we have and will continue to develop.”
“We invested in the project because we believe there is a real opportunity to revolutionize the sector, thanks to significant technological innovations and an engaging and highly recognizable branding on the shelf” said Cagnin.
