Announced
Completed
Synopsis
VNV Global, an investment company, led a $16m Series A funding round in Collectiv Food, a developer and supplier of an online procurement platform and food products intended to source food and drink directly from producers. Other investors include VisVires New Protein, Octopus Ventures, Norrsken VC, Partech, Colle Capital, Mustard Seed and Frontline Ventures. “We’re being pushed by a combination of strong tailwinds: end-consumers demanding a better understanding of provenance; cities implementing air pollution regulations that limit large freight; a post-COVID hospitality industry desperate to improve margins but with limited staff availability to facilitate this in-house. Combined with our innovative model, we’re able to set our sights on not only becoming a European leader in food distribution over the next few years, but even a global one," Jeremy Hibbert-Garibaldi, Collectiv Founder.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.