Information on the Target
Ma Bonne Étoile, founded in 2013 by Elizabeth and Nicolas Soubelet, is a pioneering company in the circular economy focusing on waste reduction. The company aims to raise public awareness about sustainable consumption through its innovative, reusable food containers, SQUIZ and FILLGOOD. As a certified B Corp since 2015 and recently recognized as a Société à Mission, Ma Bonne Étoile is committed to embedding social and environmental goals within its operations.
The recent fundraising of €1.8 million marks Ma Bonne Étoile's first round of funding, led by ONE CREATION Coopérative and MAIF, through the MAIF Investissement Social et Solidaire fund. This funding is intended to accelerate the development and distribution of their reusable food containers on a global scale, in line with their mission for a waste-free planet.
Industry Overview in the Target’s Specific Country
According to the latest World Bank report, global household waste production exceeds 2 billion tonnes and is projected to reach 3.4 billion tonnes by 2050. This alarming trend highlights the severe consequences of pollution and the escalation of resource overconsumption, leading to an urgent need for effective waste management solutions.
The current recycling rates are insufficient to cope with the growing volume of waste. Many countries struggle to implement effective collection and recycling systems, which limits the impact of initiatives aimed at plastic waste reduction. Thus, alternative consumption models that emphasize reuse over single-use plastic are essential to address the root causes of waste generation.
In this context, Ma Bonne Étoile's reusable containers represent a significant innovation. Their approach not only reduces waste but also promotes sustainable practices among consumers. By advocating for a circular approach to food storage, they are positioned to lead the way in responsible consumption patterns.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
The Rationale Behind the Deal
The decision by ONE CREATION Coopérative and MAIF to invest in Ma Bonne Étoile stems from a shared commitment to environmental sustainability and waste reduction. With the increasing imperative to tackle waste production, investing in a company that offers practical solutions for reducing single-use plastic is both timely and strategic.
This funding will enable Ma Bonne Étoile to enhance its product offerings and expand its market reach. The company’s alignment with investors focused on social and environmental impact also suggests a strong collaborative potential to foster innovation in the sustainability sector.
Information about the Investor
ONE CREATION Coopérative is an investment cooperative dedicated to supporting sustainable businesses that create significant social impact. Their partnership with Ma Bonne Étoile signifies a commitment to fostering initiatives that address ecological challenges.
MAIF, through its MAIF Investissement Social et Solidaire fund, actively seeks to support entrepreneurial projects that drive social and environmental innovations. With an investment of €500,000 in Ma Bonne Étoile, MAIF is affirming its dedication to projects that contribute to the greater good and embodies its mission as a responsible corporate entity.
View of Dealert
This investment in Ma Bonne Étoile represents a promising opportunity in the growing sustainable products market. Given increasing global concern regarding waste and pollution, a company focused on reusable solutions is well-positioned for growth. Ma Bonne Étoile’s unique approach resonates with contemporary consumer values, making it an attractive option for investors seeking to contribute to sustainability.
Moreover, the backing from reputable investors such as MAIF, which prioritizes social impact, further enhances the company's credibility and market potential. This not only secures financial support but also opens doors for collaboration with like-minded organizations, potentially amplifying their reach and effectiveness.
However, it is essential for Ma Bonne Étoile to maintain its innovative edge and continue engaging with consumers to adapt to evolving market demands. A strategic approach to scaling operations while ensuring product quality and sustainability will be crucial for long-term success.
Overall, we believe this deal was an astute investment choice, aligning well with current market trends and global push towards sustainability. If managed effectively, Ma Bonne Étoile has the potential to emerge as a leader in the reusable container industry and drive meaningful change.
Similar Deals
ONE CREATION Coopérative and MAIF
invested in
Ma Bonne Étoile
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M
Equity Value: $1M