# Nicoya

> Nicoya is a VC fund in Stockholm backing Food and Beverage, Snack Food and Food Delivery. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 9
- Last investment: Nov 2022
- Lead investor: 44%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/nicoya-ab/about/
- Website: https://www.nicoya.se/

Nicoya is a business-accelerating investment company focusing on foodtech.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $3M–$14M |
| Venture - Series Unknown | $4.7M–$16M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 5 | 56% |
| Snack Food | 2 | 22% |
| Food Delivery | 2 | 22% |
| Manufacturing | 2 | 22% |
| Food Processing | 2 | 22% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 33% |
| Venture - Series Unknown | 2 | 22% |
| Pre-Seed | 1 | 11% |
| Series A | 1 | 11% |
| Series B | 1 | 11% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 44% |
| Sweden | 2 | 22% |
| Finland | 1 | 11% |
| United Kingdom | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| JULIENNE BRUNO | Julienne Bruno made with naturally plant-based ingredients like fermented legumes & slow roasted vegetables. | $5.7M | Seed | Nov 04, 2022 |  |
| Foodiq | Foodiq is a one-of-a-kind food manufacturer that can both develop and manufacture plant-based products. | $13.7M | Seed | Jun 22, 2022 |  |
| Kavall | Kavall is a grocery delivery startup. | $16.3M | Venture - Series Unknown | Apr 14, 2022 |  |
| Vertical Harvest | Vertical Harvest will be a Wyoming based agri-business that will enhance the local economy by operating year round to sell, for profit, fresh, locally grown produce to the community through multiple venues at a competitive, consistent price. | $8.4M | Series A | Apr 13, 2022 |  |
| Splendid Spoon | Splendid Spoon is a food company that delivers ready-to-eat and plant-based meals. The company's plant-based, gluten-free smoothies, shots, soups, grain bowls, and noodles are fully prepared and taste like the comfort of a home-cooked meal, allowing one to achieve balance without even thinking about it. In addition to multi-day meal plans andan On Demand shop, which allows customers to try the meals without a subscription. Its mission is to make it easier for everyone to eat well by delivering delicious, plant-based, ready-to-eat meals to the door. | $12M | Series B | Feb 09, 2022 |  |
| Peas of Heaven | Peas of Heaven is a company that produces pea-based burgers, sausages and mince. | $3M | Seed | Nov 19, 2021 |  |
| NICK’S | NICK’S is a food tech company that manufactures keto diet-friendly ice cream, snack bars, and ice cream sandwiches. The company creates food products with the goal of revolutionizing the market for healthy snacks and sweets. | $100M | Series C | Oct 28, 2021 |  |
| El Taco Truck | El Taco Truck is a food and beverage company that offers catering, events, mats, trucks, tacos, burritos, and livsmedel. Their products include barbecue, amped-up hamburgers, reinvented hot dogs, coffee trucks, and healthy drink trucks. | $4.7M | Venture - Series Unknown | May 01, 2021 |  |
| JULIENNE BRUNO | Julienne Bruno made with naturally plant-based ingredients like fermented legumes & slow roasted vegetables. | $1.4M | Pre-Seed | Feb 01, 2021 |  |

9 of 9 investments shown.

## Co-investors
- [Cherry Ventures](https://shizune.co/investors/profile/cherry-ventures) — VC Fund, 2 deals together
- [Seedcamp](https://shizune.co/investors/profile/seedcamp) — VC Fund, 2 deals together
- [Ambrosia Investments](https://shizune.co/investors/profile/ambrosia-investments) — VC Fund, 1 deal together
- [Bain Capital Ventures](https://shizune.co/investors/profile/bain-capital-ventures) — VC Fund, 1 deal together
- [Bonnier Capital](https://shizune.co/investors/profile/bonnier-ventures) — VC Fund, 1 deal together
- [Capagro](https://shizune.co/investors/profile/capagro) — VC Fund, 1 deal together

## Similar investors

### Similar industry
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### Similar stage
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### Similar country
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## Featured in investor lists
- [Food and Beverage Investors in Finland](https://shizune.co/investors/food-and-beverage-investors-finland)
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## FAQ

### What does Nicoya invest in?

Nicoya invests primarily in Food and Beverage, Snack Food and Food Delivery startups, most often at Seed and Venture - Series Unknown stage. Most of the 9 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Nicoya's check size?

Nicoya typically joins rounds of $3M–$14M at Seed and $4.7M–$16M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Nicoya participates in.

### When did Nicoya last invest?

The most recent investment recorded for Nicoya closed in Nov 2022. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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