The Munich-based start-up YFood Labs GmbH (YFood) has raised 15 million euros in fresh capital in a Series B financing round. Lead investor is the venture capital fund Felix Capital from London. Five Seasons Ventures and New Ground Ventures, which had previously acted as financiers, also participated, as did the New Zealand food company Fonterra for the first time. The completed financing round is already the second within one year. The international commercial law firm Taylor Wessing, under the leadership of the Berlin partner Norman Röchert, advised Felix Capital as principal investor on all legal issues in connection with the financing round.
YFood specialises in the development and distribution of food and dietary supplements and related services and has established itself as the market leader in the "complete food" segment in Germany, Austria and Switzerland in the two and a half years since its foundation. With the capital from the last financing round, founders Benjamin Kremer and Noel Bollmann are planning to expand into seven other European markets.
Felix Capital is a venture capital fund with a strategic focus on investment opportunities in the digitalisation of retail, media and lifestyle, supporting digital brands at the interface of technology and creativity. The venture capital company is particularly well known for its investments in successful start-ups such as Deliveroo, Farfetch and Peloton.
Legal advisor Felix Capital
Taylor Wessing: Lead Management Dr. Norman Röchert (Partner, Corporate), Dr. Gregor Schmid (Partner, Technology/IP/Data Protection), Volker Herrmann (Salary Partner, Commercial), Nico Jänicke (Salary Partner, Employment, Pensions & Mobility), Moritz Meyer-Bruhns (Associate, Corporate), Matthias Swiderski (Associate, Disputes), Dr. Lars Querndt (Associate, IP/IT), all Berlin
