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Home COUNTRY ITALY

Supermercato24 wins 360k $ seed investment award by 360 Capital Partners

bebeezby bebeez
January 30, 2015
Reading Time: 1 min read
in ITALY, VENTURE CAPITAL
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supermercato23Supermercato24.it won the 360k dollars seed investment award of theĀ 360 Capital Partnersā€˜ 360by360 Competition which is at its second edition. Ā The award was provided in the form of convertible note subscirbed by 360 Capital Partners, one of the major venture capital firms in Italy and led by Fausto Boni.

Ā The startup isĀ an Italy-based grocery delivery service that allows consumers to choose products from their favorite grocery chains, order them online, and pay cash at the time Ā of delivery.Ā Supermercato24.it has been chosen as the competition winner among 18 finalists Ā (see hereĀ the listĀ andĀ the press release).

Led by Enrico Pandian, ceo, the startup just raised 155k euros in angel funding to expand in additional cities across Italy in a round thatĀ Ā had valued the company at 1.65 million euros (see here a previous post by BeBeez).

 

 

 

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