Grecian Living Likovrisi, Greece

Company Website: https://www.grecianliving.com/

Company Email: info@grecianliving.gr

Employees: 7

Funding State: Bootstrapped


Industries

  • AgriTech / FoodTech

Technology

  • Other

Business Model

  • B2B2C

Revenue Model

  • Price per Item

Funding Sources

  • Loan
  • Self

About

We are a Greek innovative start-up company which main goal is to create and produce high quality foods and beverages for humans with intolerances, celiac disease or diabetes. People with celiac disease,gluten intolerance,lactoce intolerance etc. face enormous difficulties in order to find appropriate and suitable foods in order to cover their unique needs.There are quite a few reasons why this is happening. First of all,there are only a few companies in the world which produce gluten free-lactose free-low glycemic index products.Especially in Greece there is not a single one company which offers a complete dietary menu for people with intolerances or diabetes disease. There are only a few which produce 1 or 2 products with these characteristics and most of them are quite untasty and low quality.


Solution & Product

Solution: We are a Greek innovative start-up company which main goal is to create and produce high quality foods and beverages for humans with intolerances, celiac disease or diabetes. We are trying to build an extended sales network all over our country in order to provide our goods to as many people as possible. Product: We already have more than 52 different products which can cover every dietary need and meal. Our catalogue includes products like breads,cereals,pasta,cake,beers,pizza etc. Our philosophy goes beyond the benefit of the Mediterranean diet,we fuse unique Mediterranean recipes, herbs and advanced food processing techniques resulting in delicious food.


Innovation & Scalability

Our innovation relies on an unique nanotechnology – based technique for producing safe gluten-free food of high quality with no preservatives.Μoreover, we use the technique of infusing liposome capsules in our products which is innovative technique that ensures that vitamins and other valuable ingredients could be absorbed inside the human body in the maximum and safely way possible.The use of liposomic technique combined with the traditional greek receipes we use for our products give us a sharp edge against the competition. The greek and mediterranean cuisine which are famous globally contribute to promote our products and diversify us from any other company.


Traction & achievements

May 2016: We have been declared one of the most innovative food companies in Greece(Eurobank awards). March 2017: Commencement of sales to Sklavenitis & My Market retail chain stores. January 2019: Exports to the USA, development of gluten-free & sugar- free cookies & cakes. March 2019: Commencement of sales to Masoutis & Kritikos retail chain stores. May 2019:Agreement for sales of products in 360 Shell & AVIN gas station stores in Greece, Cyprus, Albania & Serbia, January 2021:we sign a 3 year contract with an importer in the USA market for 8 categories of breadsticks and energy bars.


Team & Why Us

We already have partners and sell our products around the world. Finland, Great Britain,Denmark,Usa are only some of the countries we made exports in the past. Our gluten free products with their distinguish greek flavor, contribute to growth internationally.Thousands of tourists taste our premium-high quality products when they visit our country and they use to seek for them when they return to their country. Our Revenue model that we have established so far is focusing on tourism sector. In Greece & Cyprus (hotels, restaurants, touristic shops )mostly due to significant tourist arrivals from West Europe and North America). Also we have continuous increase of presence in the Greek retail market(35% of our revenue) through major retail chain stores. Establishment of strong presence in the US through partnerships with local representatives and also further expansion of geographic “footprint” in new markets(Scandinavia,Dubai etc.).Exports we aim to contribute more than 40% of our income the next 2 years.


Funding Needs

Our funding needs are 100.000€ in order to develop our distribution means and also to create new recipes which will focus on the promising and unique technique of infusing liposome capsules in our products which ensures that vitamins and other valuable ingredients could be absorbed inside the human body. Moreover, the lack of funding due to the unstable greek economy and covid 19 prolonged situation forces us to seek for additional funding in order to promote our products abroad and increase significantly our exports.


ONE LINER

Health-conscious food company with innovations in gluten free-lactose free and low GI products.


TEAM


FUNDING


PATENTS


AWARDS

2017 - Services Eurobank awards

INCUBATIONS/ACCELERATIONS


Jobs


Perks