Announced
Completed
Financials
Sources
Tags
Cross Border
Friendly
Completed
Acquisition
Specialty Retailers
retail
Spain
Private Equity
Minority
Venture Capital
Private
Synopsis
Eurazeo, an investment company, led a $53m Series C funding round in Colvin, a platform for the “floriculture” industry. Additional investors include Samaipata Ventures and Capagro. "Colvin’s trajectory in the flower delivery market has been outstanding. They have proved they could grow both fast and profitably, while expanding into new geographies. This is only a first step in their ambition to build the future of the flower industry. As more and more B2B categories are switching online (see the recent announcements of Ankorstore, Choco or Sennder), the timing is unique to bring a new standard to the flower wholesale market. Colvin is leveraging years of industry expertise, a scalable supply chain, and a global network of trusted growers to seize this $ billion market opportunity," Chloé Giard, Eurazeo Investment Director.
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