MooBella gets $25 million
in venture capital funding
Jul 10, 2007 11:08 AM
MooBella LLC has closed a $25 million round of financing provided by W Health LP, a venture fund managed by Inventages Venture Capital Investment Inc. In conjunction with the financing, MooBella has added Erich Sieber, an Inventages partner, to the company’s board of directors.
The company is developing and refining a new disruptive technology that could change the ice cream industry. It enables instantaneous aeration, flavoring, and freezing of ice cream mixes into scoops of hard ice cream within seconds. MooBella’s technology received the Inny Award from the San Jose CA-based Tech Museum of Innovation, the 2006 Kitchen Innovations Award bestowed by the National Restaurant Association, and was honored by the Food Network as a recipient of the first annual Food Network Award
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