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Announced

Completed

Kinnevik, Ambrosia Investments and Temasek led a $100m Series C funding round in N!CK'S.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

snacking treat

Acquisition

Private

Food Products

Venture Capital

Cross Border

Completed

Minority

Friendly

Single Bidder

Sweden

Synopsis

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Kinnevik, Ambrosia Investments and Temasek led a $100m Series C funding round in N!CK'S, a food-tech innovator of healthy and indulgent snacks and ice cream. "Healthier lifestyles and nutritional science just got a 100 million dollar boost. My dream is to change our relationship with snacking into an entirely positive thing. This investment round will make our message heard, and fuel the massive R&D effort ahead of us in making more and more snacks better-for-you and better for the planet," Niclas Luthman, N!CK'S Founder & Head of R&D.

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