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London-based Ferovinum raised over €20.8 million in a Series A funding round led by Notion Capital to enhance its supply chain platform for the wine and spirits industry.

Sep 19, 2024about 1 year ago

Amount Raised

€20.8 Million

Round Type

series a

LondonAgriculture and Farming

Investors

Semapa NextShapers VcNotion Capital

Description

Ferovinum, a funding and supply chain platform for wine and spirits, has successfully completed its Series A funding round, raising over €20.8 million. The round was led by Notion Capital with participation from Shapers VC, Semapa Next, and existing shareholders. This funding will help Ferovinum expand into new markets and broaden its product offerings.

Company Information

Company

Ferovinum

Location

London, England, United Kingdom

About

Ferovinum is a funding and supply chain platform specifically designed for the wine and spirits industry. Based in London, it helps businesses fund, produce, procure, and sell products in global markets. The company has achieved significant growth, facilitating over £170 million in transactions and deployed £114 million in funding for UK producers. Ferovinum is focused on technological innovations to streamline industry processes and improve access to financing.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech