Matsmart-Motatos Tackling Food Waste With €40M Investment Led By Circularity Capital

Nov 20, 2023•about 2 years ago

Amount Raised

€40 Million

StockholmSoftware

Investors

Seven VenturesCircularity Capital

Description

Today Circularity Capital led a €40 million growth capital round in Swedish company Matsmart-Motatos, a D2C e-commerce retailer of overstock dry foods and consumer products, with additional support from existing shareholders.

Company Information

Company

Matsmart-Motatos

Location

Stockholm, Stockholm County, Sweden

About

Motatos supports the sustainable reform of the world's food system. We’re a different kind of food store; an e-commerce bringing together heroes to shape a waste-free, healthy and connected future of food. Heroes come in all shapes and forms these days. They are customers and they work for our suppliers. And a fair number of them work for Motatos. Since the founding year 2014, Motatos has successfully entered six European markets and together, our customers have saved over 65 000 tonnes of food and consumer products.

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