Berlin/Cologne – A YPOG team co-led by Johannes Janning and Benjamin Ullrich advised Katjes Greenfood on the recent financing round of food startup The Rainforest Company. The funding has a total volume of €36 million and was led by Kaltroco Ltd. Katjes Greenfood participated through a secondary in the financing round. The financing round marks one of the largest fundings in the German food tech sector in 2022 and the largest investment received by a woman-led food tech company in Europe.
The Rainforest Company achieved impressive growth rates after the initial investment by Katjes Greenfood in 2018. Due to a successful multichannel strategy with listings in more than 12,000 retail locations worldwide and strong D2C operations, the startup already generated revenues of €20 million. In order to further increase the company's success, the fresh capital will be used for internationalization and product expansion.
Advisors Katjes Greenfood:
Dr. Johannes Janning (Co-Lead, Transactions), Partner (elect)
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner
About Katjes Greenfood
Katjesgreenfood GmbH & Co. KG, based in Düsseldorf, together with its two sister companies Katjes Fassin GmbH & Co. KG and Katjes International GmbH & Co. KG, forms the Katjes Group. As a legally independent holding company, Katjes Greenfood invests in growing companies in the food sector that redefine the future of nutrition with innovative and sustainable products. In addition to financial investments, a professional network and in-depth expertise in food retailing build the foundation on which the portfolio companies will be established as market leaders and brand icons of tomorrow.
About The Rainforest Company
Sіnсе 2016, The Rainforest Company is pursuing its mission to рrоvіdе 100% natural food products to change lіvеѕ of its customers all around Europe. The company specializes in vegan lifestyle, superfoods, acai-based products, organic and healthy food and transparency. The Rainforest Company was founded in 2016 and is based in Berlin.
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About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
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