The capital of Spain will host one of the largest organic food events in Europe, the Organic Food Iberia, to be held this September 8th and 9th at IFEMA Madrid, bringing together leaders of the sustainable food and plant-based sector.
Spain’s Pink Albatross Opens Funding Round, Aiming to Raise Over €1M
Pink Albatross, a 100% plant-based ice cream company based in Madrid, has opened a financing round with the aim of raising between 1 and 1.5 million euros. The company’s objective is to consolidate its growth after reaching more than 2,000 points of sale in Spain, Portuga,l and Germany. The four pillars on which it will focus are: Innovation and new products: Pink Albatross currently has a wide variety of flavours and formats and with this financing, the company intends to expand its product portfolio. New marketing and sales activities with the aim of increasing both brand awareness and distribution. Recruitment of personnel: due to its strong growth in recent months, the company plans to expand its team. Maintenance of working capital or working capital Robust …