KoRo

KoRo CEO Florian Schwenkert. © KoRo

Investments & Acquisitions

Healthy Snack Brand KoRo Secures €35M in Oversubscribed Funding Round

German healthy snack brand KoRo has raised €35 million in an oversubscribed Series C round led by Coefficient Capital. Existing investors such as Five Seasons Ventures, HV Capital, Partech, Haub Legacy, and SevenVentures also participated. KoRo will use the funding to continue its current growth strategy, expanding its product range and strong presence in the European market. In particular, the brand will focus on France, Italy, and the Benelux region, as current sales trends indicate significant growth potential. KoRo has already seen some success in these markets in 2024, gaining a listing at the Netherlands’ largest retailer Albert Heijn, and recruiting Olympic gold medalist Teddy Riner as a brand ambassador in France. “Pioneering role” Following a period of significant growth, KoRo now has two million …

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KoRo founders with Toni Petersson

LTR: KoRo founder Constantinos Calios, CEO Florian Schwenkert, Advisory Board member Toni Petersson and CFO Dr Daniel Kundt © KoRo Handels GmbH

Company News

Ex Oatly CEO Toni Petersson Joins KoRo Advisory Board to Lead Europe’s Better-for-You Snack Category

Toni Petersson, former CEO and current co-chairman of the Board of Directors of Oatly, is set to join the Advisory Board of Berlin-based better-for-you food brand KoRo, an online store offering non-perishable goods and superfoods in bulk, to lead the brand into its next phase of growth. Headed by CEO Florian Schwenkert and known for clean-label snacks, nut butters and breakfast products as well as functional foods, KoRo has enjoyed significant growth since its foundation in 2014. Despite a downward sales trend in German e-commerce, KoRo has recorded high growth rates and has been frequently ranked by the FT as one of the 1000 fastest-growing companies in Europe (148.9 % CAGR 2019 – 2022). KoRo says it has 1.7 million customers across Europe and around …

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