21. Carbiotix: NutraCycle and growth strategy with co-founder Kristofer Cook
In this episode of FinVoices, we’re joined by Kristofer Cook, co-founder, chairman and Chief Business Development Officer at Carbiotix. Kristofer shares insights into his entrepreneurial background and the journey of building Carbiotix. We explore NutraCycle, an upcycling service backed by a decade of prebiotic research. The conversation covers Carbiotix decision to focus on NutraCycle, early customer reactions, and market potential. We also discuss plans for licensing agreements, profitability projections, and the role of trade shows. Additionally, we touch on the company's financial standing, competition, and team expansion. The episode concludes with Kristofer’s and Carbiotix’ ambitious goals for 2025. Time indication:0.22 – Background and introduction12.58 - The decision to focus on NutraCycle 18.06 - The progress of NutraCycle21.26 - The market potential and geographic focus 24.14 - Ambitions for the first licensing agreement 27.34 - Outlook on profitability 35.02 - The importance of trade shows 36.45 - The financial position 38.20 - The dialogue with investors 42.09 - The competition 43.50 - Thoughts about expanding the team 45.30 - Goal for 2025 FinVoices is powered by Impala Nordic. The host for this episode is Vilhelm Ruhr, Analyst at Impala Nordic. Disclaimer** Nothing mentioned in the podcast constitutes a buy or sell recommendation. The episode was produced on behalf of the company. Hosted on Acast. See acast.com/privacy for more information.