Collectiv Food secures £12m Series A funding led by VNV Global to expand its team and develop delivery models.
VNV Global led the Series A round to support international expansion and product development.
Collectiv Food operates a next generation supply service that connects professional kitchens directly with food producers. The business streamlines urban food distribution through decentralised delivery models and transparent sourcing.
Collectiv Food has raised £12m in a Series A financing round led by VNV Global. Additional backing came from VisVires New Protein, Octopus Ventures, Norrsken VC, and existing investors including Partech, Colle Capital and Mustard Seed. The capital will be deployed to expand the company team across all functions, develop its delivery and sourcing models further, and pursue international expansion across Europe.
From the founder
"It’s a really exciting time for Collectiv Food – 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
founder at Collectiv Food
Investor perspective
"We are excited to team up with Jeremy and Collectiv Food on their journey to transform Europe’s vast B2B food supply chain market. Collectiv’s innovative managed marketplace connects a fragmented supply of producers with the very fragmented demand of professional kitchens, creating improved transparency amongst other clear network improvements for all stakeholders. We look forward to continuing to support the Collectiv team as they scale the business over the coming years."
Björn von Sivers
Investment Manager, VNV Global
Use of funds
- 01Continue product development
- 02Grow the team
- 03Expand into international markets
Investors
Björn von Sivers
VNV Global
Matthieu Vermersch
VisVires New Protein
Rebecca Hunt
Octopus Ventures
Alexander Danielsson
Norrsken
Romain Lavault
Partech
Colle Capital
Mustard Seed
Categories
About the company
Collectiv Food
Collectiv Food provides a next generation B2B food supply service for professional kitchens.