ARE YOU AN ENTREPRENEUR? : Discover our financing offers 🚀 Submit application here
Negative exit

Do Eat

Shares

  • Reducing waste
  • Food
  • Responsible consumption and production
Impact category Sustainable living
Degree of maturity
Amount collected : € 50 800.00

Important

Malgré un positionnement sur un marché à potentiel et en transformation (contenant en plastique à usage unique), la société n'est pas parvenue à structurer une équipe commerciale forte. Les problèmes de revenus n'a pas permis à la société de trouver son modèle économique et notamment d'amortir les couts de R&D. La crise du Covid-19 a également accéléré le dépot de bilan de l'entreprise.

Presentation

To reduce plastic waste from disposable dishes, Hélène and Thibaut invented an edible and compostable verrine made out of potato starch and water , during their master studies. 

Committed to the responsible dimension of its products, Do Eat produces its verrines in a rehabilitation workshop and procures its raw materials only in Belgium, France and the Netherlands. In 3 years, Do  Eat has already sold 1.7 million containers, for a €250 000 turnover. 
Following the success of the verrines among consumers and caterers, Do Eat is now targeting the broader market of food containers, and especially trays, thanks to the eco-conception of a custom-made machine automatizing part of the production, key for scaling the company.

Do Eat already offers several products : the 3 shapes of ready-made Do Eat bowls (canoe, lotus and tulip), the 3 shapes of "Do Eat Yourself", the cups/bowls that you fold yourself, and the ECOmestibles packaging for sandwiches and cookies.

Thanks to this fundraising, Do Eat will be able to sell edible and compostable trays to food processors, made out of renewable raw material (potato components), waterproof, heat-resistant, freezer-resistant and microwave-friendly.

Do Eat is also considering new products, such as cups, and additional differentiating criteria, such as color-adding and taste-adding.

Reasons to invest

Risks related to the investment

Transaction conditions

Co-investor

Investment product conditions

Financial product
Minimum ticket
Financial benefit
Legal structure
Company valorization
% of capital reserved for LITA.co investors
Expected exit
Price per share
Governance
Fundraising goal
€ 50 000
Financial product
Share
Co-investor

Risques : investir dans des jeunes entreprises présente un risque important de perte partielle ou totale de capital ainsi qu’un risque d’illiquidité