KoRo sells high-quality, natural, plant-based snacks and pantry items, including nut butters, dried fruits, and functional foods. Founded in 2014, the company has expanded to more than 2 million customers across Europe and is present in over 13,000 retail locations. The article describes KoRo as focused on plant-based, natural products and broad retail distribution. Kharis Capital’s Kharis Food Tech Fund has made an investment in the company; the amount was not disclosed. KoRo intends to use the funds to continue growing its business across Europe. No revenue figures or additional financial details were provided in the article. Founded in Germany in 2014, KoRo offers a wide range of high-quality natural foods, including nut butters, dried fruit, clean-label snacks and functional foods. The company serves over two million customers online and through more than 10,000 retail locations across Europe and employs more than 300 people. KoRo operates an omnichannel model that connects online and offline experiences to drive brand visibility, customer loyalty and long-term growth. The company plans to expand its innovative product range and strengthen its presence in Europe, with particular focus on France, Italy and the Benelux region. Leadership additions include ex‑Oatly CEO Toni Petersson joining the advisory board. The financing will enable KoRo to pursue its profitable growth strategy and support planned projects and partnerships in the coming year. KoRo was founded in 2014 and operates as a consumer food brand offering a broad assortment sold through its own website, thousands of retail stores and other online shops. The company is active across many European markets, including Germany, France, the UK, Spain, Italy and others. KoRo employs around 260 people and expanded its management team in 2020 with the addition of Florian Schwenkert. Its product range focuses on high-quality and innovative food items marketed at fair prices. The company intends to use the new funds to accelerate growth in Europe, with emphasis on its offering and offline channels. Founded in 2014 by Constantinos Calios and Piran Asci, KoRo is a Berlin-based food tech startup selling bulk natural-food products direct to consumers. The company emphasizes transparency in Europe’s food supply chain and reinvents retail through efficient processes, bulk packaging, and bypassing trade levels. KoRo offered roughly 1,250 SKUs and plans to expand that assortment to 2,000 by the end of the year. In 2021 it launched in 10 new markets and by the same year served over 500,000 buyers and generated revenues of over €60 million, selling directly in 16 European countries. The business markets affordable, high-quality food and uses its D2C model to scale across additional European markets.

Total raised

$118M

Funding rounds

4

Latest round

Series C

Latest activity

Nov 2024