Malakoff, France-based start-up Ozers confirmed opening a funding round to raise an additional EUR 300,000 (USD 298,000), having previously raised EUR 850,000 (USD 843,000).
The current product line consists of plant-based sports supplements marketed towards athletes, with its use of microalgae as ingredients seen as setting its range apart from similar offerings.
In a press release, Ozers said the new funding will be used to develop four new products, commercialize its latest plant-based sports nutrition products, hire experienced staff, and implement marketing and go-to-market strategies.
Ozers was part of ProVeg Incubator's sixth cohort in 2021 when the company received expert mentoring, advice, and funding to support its commercial strategy. The ProVeg Incubator is part of food awareness organization ProVeg International.
It’s previous EUR 850,000 (USD 851,000) was raised through an innovation award from the Bank for Investments (BPI France), alongside funding from ProVeg International, Animoca Brands, Brinc Limited and other angel investors.
The start-up is now participating in the Amazon Launchpad new cohort, launching three new products this month, and developing four more products. It is also working on its expansion to other European countries and Canada.
Ozers was founded in 2021 by Maxence Damarey, a former boxer, Alvyn Severien and Gaëtan Gohin (co-founders of Algama) and Oliver Dahan.
Photo courtesy of Ozers
