Soplaya, a Milan, Italy-based foodtech startup, raised €12.5M in funding.
The round, which brought the total amount to €16M, included:
- €11.5M in equity – provided by Sinergia Venture Fund (Alkemia Capital), which was lead investor in the deal, and by investors who had participated in the previous round (P101, Azimut and CDP Venture Capital, through the Italia Venture I fund) – and
- €1M provided by Intesa San Paolo in debt financing.
The company intends to use the funds to expand operations and its business reach.
Launched in 2019 and led by Mauro Germani, CEO, Soplaya has developed a platform that provides restaurants with access to quality ingredients with pricing and efficient delivery. By automating and digitizing the B2B food supply chain, the company strives to reduce waste, increase customer and supplier profitability, and make the industry more sustainable.
To date, it has performed more than 100,000 deliveries, supplied more than 1,000,000 products, and served more than 2,000 restaurants, bars and hotels in 15 Italian cities.
Over the past two years, Soplaya has invested in expanding its team, reaching 55 people, and automating every aspect of a B2B food supply chain.
FinSMEs
29/11/2023