NZero, a Spanish brand specializing in organic waxes and lubricants for snow sports and cycling, has closed a new capital increase backed by Eoniq.fund, which has contributed €150,000, bringing its total investment in the company to €250,000. The transaction strengthens its international growth, production capacity, and commitment to sustainability.
Since its creation in 2015, NZero has focused on formulas based on plant-based ingredients, free of toxic additives and petroleum derivatives, with the goal of offering high-performance products that respect the environment. Its catalogue includes solid waxes, liquid waxes, bicycle lubricants (“wet lube”), and biodegradable cleaners, with Ecolabel certification for some products.
The company has reached a new milestone after receiving official certification from the USDA BioPreferred Program for its liquid and solid ski waxes. This recognition —granted by the United States Department of Agriculture— validates the high content of biogenic carbon in its formulas, derived from non-mineral plant-based materials, and positions NZero as the only European ski-wax brand with this level of sustainable accreditation. This certification paves the way for its entry into the U.S. market, one of the most demanding in terms of environmental and user-health standards.
NZero has also gained international recognition by participating in fairs such as ISPO Munich, where it presented its certified eco-friendly lubricant line and reaffirmed its vision for sustainable sports. In addition, the brand is listed in sports directories such as Spain is Sport as a company committed to 100% plant-based and biodegradable formulas, free of fluorinated or toxic components.
With this investment, NZero plans to expand its production and logistics capacity to meet growing demand, develop new advanced formulas and improve its existing ones through innovation, strengthen its commercial efforts and marketing investment in European markets where ethical consumption is increasing, and integrate digital technological improvements to optimize sales channels and product management.
With the support of Eoniq.fund, NZero will boost its production and logistics capacity, develop new high-performance eco-friendly formulas, and strengthen its marketing and expansion strategy in European and North American markets. The investment will also enable the integration of technological and digital improvements to optimize its sales channels and product management.
“NZero perfectly represents the type of company we want to support at Eoniq: real innovation with a positive environmental impact. Its technology and commitment to sustainability set a new standard in the sports industry.”
— Jerónimo Béjar, General Partner at Eoniq.fund
About NZero
NZero (NZero Organic Waxes & Lubes) is a Spanish brand based in Barcelona that produces waxes and lubricants for snow sports and cycling made from plant-based and biodegradable ingredients. Its mission: enabling sports practice without compromising nature.
About Eoniq.fund
Eoniq.fund is an investment fund specialized in supporting technology companies with founders based in Spain in their early stages, with a particular interest in discovering hidden gems outside Madrid and Barcelona. Its approach focuses on financing innovative startups in their initial phases, building a supportive community among its investors and portfolio companies. This empowers them to maximize the international expansion and growth of the startups. Following the success of Eoniq Mediterranean Seed Fund I FCRE, with investments in 50 startups, they have just launched Eoniq Mediterranean Seed Fund II FCRE, a new vehicle currently in fundraising while continuing to invest in new opportunities.
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