DELLI secures £2.5m in seed funding from HV Capital to expand its food marketplace
HV Capital has backed the Depop founder's latest culinary venture in a seed round earmarked for team expansion.
Share allotment filed at Companies House
DELLI operates an online marketplace connecting consumers with independent food and drink makers through curated product drops.
DELLI has secured £2.5m in a seed funding round backed by HV Capital. The fresh capital will be directed towards expanding the tech and development team, alongside bolstering the onboarding staff to scale operations across the UK.
Founded by Simon Beckerman and Natalie Lee Joe, the platform recently emerged from stealth mode with an initial cohort of makers. The investment follows previous collaborations between the founders and HV Capital on the marketplace venture Depop.
From the founder
"The investment is going to be used very strategically, we are hiring across the tech and development team to bolster the offering, but also looking to expand the amazing team we have for onboarding. This investment will help us reach further and wider across the UK, and it’s the start of a very exciting journey for sure."
Simon Beckerman
Chief Creative Officer at DELLI
Investor perspective
"For HV it was an easy decision, to follow the invitation, to invest again in Simon on his latest sustainable venture. When the DELLI team sat down and shared their vision, HV saw how it fits in with the mindset of so many consumers, and saw a great opportunity to help the many businesses that either struggled or were starting up in such difficult years"
Lars Langusch
Founding Partner, HV Capital
Use of funds
- 01Grow the team
- 02Expand into international markets