[Funding alert] Parma-based Food-Tech Startup Dreamfarm Raises €5Million Investment with New Patents

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Starting in May, Dreamfarm launched its first two products: a plant-based alternative to mozzarella with government-certified liquid status and a spreadable variety. Both are created through the fermentation of almonds using proprietary selected cultures.

The vision of Dreamfarm's founders, Maddalena Zanoni and Mattia Sandei, who were recently joined by Giovanni Menozzi as CEO, is to create a range of plant-based cheese alternatives that are not only delicious but also nutritionally superior to existing products worldwide.

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The investments will primarily be utilized to expand distribution channels in Italy and abroad and further research and development to enhance the product portfolio while maintaining the company's core philosophy.

Giovanni Menozzi, a Parmesan native said, "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, 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."

Cagnin said,"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".

About Dreamfarm

Dreamfarm is a food-tech startup and benefit corporation founded in Parma in 2021 by Maddalena Zanoni and Mattia Sandei, both of whom have significant prior experience in the food industry. The company's mission is to create 100% plant-based cheese alternatives that are delicious, healthy, and clean-label.

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After 2 years of research and development and a patent-pending process, Dreamfarm successfully launched its first products to the market in May 2023: two plant-based alternatives to mozzarella and spreadable cheese, both with a Nutriscore A rating, created through the fermentation of almond paste using proprietary selected cultures.