Webit Founders Games 2022

Alver World SA

Alver World SA
  • Startup Name: Alver World SA
  • Name of the company: Alver World SA
  • Country: Switzerland
  • Date Founded: 16/7/2017
  • Stage: Round A
  • Area: Food and agriculture
  • Visit Website

Founders Games Pitch

Microorganisms are the next frontier of alternative protein and AlverĀ® is leading the way with their Golden, Diamond and Ruby Chlorella microalgae which is disruptive as it is UNIQUELY naturally neutral in taste and colour, making it easy to incorporate into everyday foods.
Alver has cracked the barrier of using microalgae in regular foods and developed a range of High Protein Vegan Superfoods including pasta, granola, bars, soups and protein powders which are sold throughout Europe. Sales have more than doubled each year confirming an existing need in the market.
With a broad variety of partners Alver also offers their unique Chlorella as a functional ingredient, perfect for dairy and meat applications, having proven that it can replace methylcellulose due its excellent binding and emulsifying properties, at the same time enriching food with proteins, micro and macro nutrients. It is rich in zinc, magnesium, vitamin B, omegas, carotenoids and high in protein with a full amino acid profile.
Sales of our finished products have more than doubled each year confirming an existing need in the market. We have passed the USD 1MM revenue mark.
We will continue selling to retail and online. With a broad variety of partners Alver also offers their unique Chlorella as a functional ingredient, perfect for dairy and meat applications, having proven that it can replace methylcellulose due its excellent binding and emulsifying properties, at the same time enriching food with proteins, micro and macro nutrients. It is rich in zinc, magnesium, vitamin B, omegas, carotenoids and high in protein with a full amino acid profile.
Alver has entered into an acceleration phase, hence opening their Series B investment round. This will help us reduce our cost of production by 25% and open new sales channels.
Stage:
Post seed:
Raised money: 1000000 USD
Valuated at: 5000000 USD
Round A:
Raised money: 4000000 USD
Valuated at: 19000000 USD