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MooBella
Ice creamery machines which are capable of aerating, flavoring and freezing ice cream into scoops of hard ice cream
About MooBella
MooBella, Inc. operated as a technology and food service company, centered on the development and deployment of automated ice cream vending machines. The company was first incorporated as Turbo Dynamix, LLC in 1992 by founder Paul Kateman. The concept attracted Bruce Ginsberg, an ice cream industry veteran who had previously run his family's International Ice Cream business and later founded New England Ice Cream Corporation. Ginsberg joined forces with Kateman in 2001, and the company was rebranded as MooBella, a name inspired by the idea of a 'beautiful cow'. Ginsberg, serving as CEO, leveraged his industry background to secure funding and guide the product's development, a process that took nearly two decades and consumed almost $85 million in capital.
The company's core business was manufacturing and leasing the MooBella Ice Creamery, a vending machine that produced single servings of hard-scoop ice cream on demand. Its target market included high-traffic institutional venues such as college campuses, hospitals, museums, corporate cafeterias, and entertainment centers. The business model involved either selling the machines for approximately $40,000 or leasing them for a monthly fee, generating further revenue from the sale of the proprietary, shelf-stable dairy and flavor mixes.
The MooBella machine was its flagship product, capable of producing a 4.5-ounce scoop of ice cream in about 40 seconds. Using a touch screen, customers could customize their order from 96 possible combinations, selecting between a premium or light dairy base, one of 12 flavors, and one of three mix-ins. The machine's patented technology worked by blending, aerating, and flash-freezing the room-temperature ingredients on the spot. This process created a fresher product with fewer ice crystals compared to traditionally manufactured ice cream. A key feature was the use of shelf-stable ingredients, which eliminated the need for costly refrigerated transport and storage. The machines were also equipped with onboard computers that tracked sales and inventory wirelessly, relaying data back to headquarters for monitoring.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Nov 2010 | $9M | $36M | Undisclosed | — |
| SERIES AOther financing | Sep 2009 | $18M | $72M | INventages Venture Capital | — |
Growth signals
Latest recorded traffic for MooBella is 0 monthly website visits.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
INventages Venture Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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