Verlinvest, a family-backed, “evergreen”, progress fund investor, that has beforehand funded just a few well-known shopper manufacturers like Oatly, Vita Coco, Tony’s Chocolonely, Who Gives A Crap, Pedego, Chewy.com, Hint & others, is entering into the enterprise sport.
After placing round €50m into VC initiatives globally, it’s now embarking on being the kick-starter LP in a brand new VC fund dubbed V3 Ventures, the thought being to take a position as much as €100m into founders and types immediately.
While being unbiased of Verlinvest, V3 will nonetheless be capable of leverage the previous’s worldwide community. The plan is to focus on startups within the UK, Europe, US, and India, specializing in pre-seed to Series A investments throughout e-commerce, well being and wonder and meals and beverage.
Lopo Champalimaud, who beforehand based hair and wonder reserving platform, Treatwell, after a stint as MD of lastminute.com, is V3’s co-founder.
I spoke to Champalimaud in regards to the transfer and what V3’s technique can be: “I’ve got over 25 years of being an entrepreneur and I figured the next 25 years helping entrepreneurs build their businesses,” he stated.
“With V3 we plan to invest in consumer-focused companies, be global, and very much focus on ESG, because that’s where consumers are. It’s really about trying to think about how the consumer evolves and to remain at the forefront of that.”
V3’s Indian offers will probably be led by Arjun Vaidya, who offered the D2C ayurvedic medication model to the Dr. Vaidya’s model.
To date, V3 Ventures has already invested in UK-based customized cat meals model Katkin, US skincare startup Revea, and French complement specialists Cuure.
The post V3 Ventures launches to place €100M into startups in well being, magnificence and meals appeared first on The Alike.
