Ringier, BtoV, et al. in €6m round for Foodspring

Also investing in the round were VC house BtoV Partners, Deutsche Handeslbank and private investors, as well as Berlin-based holding company Econa, which co-founded Foodspring.

The company will use the fresh capital to expand into other European countries, as well as develop its food products and build its team.

Previous funding
Foodspring was co-founded by Berlin-based entrepreneurial holding company Econa, which also provided the company with seed capital.

Company
Foodspring was founded in 2013 by Tobias Schüle and Philipp Schrempp. The company manufactures and sells healthy sports and fitness foods – the ingredients are sourced globally but the product is produced in Germany. The company employs 80 people and operates in 14 countries.

People
Ringier Digital Ventures – David Hug (managing director).
Foodspring – Tobias Schüle (CEO).

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• Topics
• Expansion
• DACH
• Consumer
• Germany
• Venture