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New Deal


Announced

Completed

Spark Capital led a $115m Series B round in Afresh.

Financials

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Transaction Value£94m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software development

Friendly

United States

Acquisition

Cross Border

Completed

software company

Minority

Software

Private Equity

Venture Capital

Single Bidder

food technology

Private

Synopsis

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Spark Capital led a $115m Series B round in Afresh, an AI-powered fresh food technology provider, with participation from Insight Partners, VMG Partners, Bright Pixel Capital, Maersk Growth, High Sage, and Innovation Endeavors. "Food, more so than anything else, shapes the health of people and our planet. We founded Afresh with the purpose of eliminating food waste and making nutritious food more accessible. We're thrilled to use this capital to expand the scale and scope of our Fresh Operating System," Matt Schwartz, Afresh CEO.

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