With €0,4M revenue in 2021 and a pre-money valuation of €7,7M, NWB Finland is looking to raise €0,5M from Nordic investors to strengthen its international sales and marketing operations and reach €500k revenues by Q4 2022.
NWB Finland sells patented, ecological beverage packaging, packaging machines, spring water and expert services. They have signed sales agents agreements in 5 Arabic countries, Spain, Italy, Switzerland, and Portugal.
In a global bottled water market worth $283B (+6,7% CARG/Year), NWB Finland was founded in 2016 in Lahti, Finland. NWB is monetizing through B2B2C direct sales, through a network of international agents and partners, charged to large water companies, and retail chains. Revenue growth is projected to reach €32M+ by 2026. NWB team of 4 and 11 sales agents combines 40+ years of experience in food and drink and packaging sectors.
Key USPs versus competitors are: 1] Own sustainable packaging patent, 2] World’s best spring water from Finland, 3] Other spring water products in different kinds of bottles with NWB Finland own brand, 4] Own production machinery and lines of manufactory.
NWB Finland has already raised €1M private capital to develop its MVP, which means that, after this investment round is secured, NWB is fully ready for international commercial uptake.
We aim to close this seed round by 15 November 2022, with some minority investors already committed to join with €130k. €10k is the minimum investment ticket size.
CEO Heikki Hilpelä and the other founders are speaking with potential investors over the next few weeks and are keen to pitch, demo and open up their traction and financial plans in detail.
Get in touch with Marco Torregrossa to find out more.