Closing

MADLAB

Shares
Visit their website
  • Local Production
  • Zero Waste
  • Local Economy
  • Job Creation
  • Decent work and economic growth
  • Responsible consumption and production
Impact category Sustainable living Degree of maturity Development
Amount collected : € 248 000.00

Pitch

Presentation

MAD LAB is an innovative, Belgian cookie company with an organic and circular approach. Under the Good Food label, it sells a wide range of sweet and savory cookies, in bulk or in bags. Already well established in the Belgian landscape, the company has been profitable since 2019 and quickly convinced a large number of consumers with its distinguishing qualities. Indeed, MAD LAB plays the card of originality in terms of taste and preparation method: it's the first cookie factory to have launched a cracker based on brewers grains. It integrates circularity and respect for the environment at the heart of its production and distribution methods. Now the company intends to expand its range and its development to reach even more foodies.

By becoming an investor of MAD LAB you participate in the growth of an exemplary company which cracks us up!

Did you miss our online event Pitch for Impact? No worries! Click here to see the pitch of David!

Cyril and David, the founders of this mad biscuit factory
1/2

Follow the project on:

Team

6 FTE

Cyril Beneche has a background and experience in pastries and baking. He's responsible for the production of the company. At his side, David Moriamé has a degree in communication. He was business unit manager and sales manager of other companies before launching MAD LAB together with Cyril. Once launched, they hired 4 people: Sami, Paulo, Santiago and Abdellah. They work on the production line on a daily basis.

David Moriamé
Co-founder
Cyril Beneche
Co-founder

Challenges

The conventional food industry generates a negative environmental impact: distances travelled from the ressource to the finished product, transportation of the product, soil and water pollution... Biodiversity suffers and the quality of our food deteriorates. While the food industry often pays little attention to the health of consumers and adds additives, sugar and allergens to its products, there's also a lack of transparency in terms of traceability of the used ingredients. The sector -like others- often decides to relocate labour to reduce costs, to the detriment of professional sectors in Belgium. Finally, cookies and crackers are particularly seen as unhealthy products made with ingredients that are harmful to health.

Solutions

MAD LAB offers 100% organic savory crackers and sweet cookies (without chemical additives, GMOs, palm oil, or artificial flavors). Some of the crackers are rich in fiber and protein and the cookies contain only 15% sugar. In short: a healthier alternative to regular cookies and crackers.
MAD LAB offers the entire range in bulk to reduce food waste and packaging.

MAD LAB sources its products from local organic producers for a better quality, a reduced environmental impact and to compensate farmers fairly. In this way local economy is being stimulated.

MAD LAB works in a circular economy approach and was the first cookie factory in Belgium to offer crackers made from brewers' grains (the residual product in brewing beer).

Economic model

MAD LAB creates the recipes and makes the crackers and cookies in its workshop in Brussels. The products are available in 400 different points of sale throughout Belgium, France, the Netherlands, Germany and Luxembourg and via its website. These are organic stores and grocery stores that sell in bags or in bulk. The retail price is €3.8 for crackers and €4.25 for cookies per 110g bag. The bulk price is €22 to €26 per kilo. The company also makes dips whose production is outsourced. MAD LAB's strategy is to focus more on savory products, which provide a better margin than sweet ones and are made with more local ingredients.

Long term impact

MAD LAB offers products with ingredients that are locally sourced. The crackers are rich in fiber and protein and the cookies contain less sugar. The company sells its products in short circuit chains as much as possible and makes sure that it buys its raw materials at a fair price.

The company is actively working to reduce packaging (consigned containers for deliveries, bulk sales,...) and is currently working with a number of players to develop compostable packaging.

The co-founders chose to hire employees in social reintegration and are setting up professional training for them.

MAD LAB intends to expand with respect for its main mission: local sourcing and production coupled with distribution in short supply chains.

2 Jobs created or secured
2 years after the fundraise
90 % of locally sourced ingredients for the crackers
1 year after the fundraise

Testimonials

Augustin F.

I think we should support this kind of initiative so that it becomes the production and consumption of tomorrow.

Martin V.

I invested in MAD LAB because I am convinced by the benefits and values of this project and the team!

Philippe M.

I invested in MAD LAB because I want to invest more and more in "healthy" areas, such as you offer. Moreover, the future of MAD LAB seems very promising.

Colette B.

I invested in MAD LAB because Belgian, proximity, encouragement to young innovators... but unfortunately I didn't taste the crackers before investing 😉. I will hurry up and hope I will like them to offer them.

Bart M.

I invested in MADLAB because it helps to contribute to healthy and local biscuits!

Dominique G.

I invested in MADLAB because a circular food manufacturer should be supported! Good luck!

Transaction

Reasons to invest

Register or sign in to LITA.co and complete your account to see the information available on this page.

Q&a

Register or sign in to LITA.co and complete your account to see the information available on this page.
Fundraising goal
€ 200 000
Min. goal
€ 150 000
Max. goal
€ 260 000
Financial product
Aandelen
Financial benefit
Potential added value
Tax benefit
Min
€ 200.00
Max
€ 260 000.00
Log in or Register to simulate my financial benefit
Investing in unlisted companies carries the risk of losing all the money invested.