Nude

Founded in 2020, Nude is a Brazil-based food tech that develops oat milk. As the first carbon-neutral food company in Latin America, Nude is committed to the UN Sustainable Development Goals and targets, and is 100% plant-based, and led by women. It innovates by focusing on flavor and nature and claims to have developed the first carbon neutral plant milk on the market and showed the environmental footprint number of each product on its packaging.

Funding and financials

Nude secured USD 5 million in a series A funding round led by Vox Capital and Lever VC., with other participating investors including Endeavor Scale-Up Ventures and Mexico’s Angel Ventures. The latest funding round brings the company’s valuation to USD 22.5 million. The new funds will be used to expand production and develop new lines.