Five Seasons et al. back €10.1m round for Yamo

Existing investors Ringier Digital Ventures and BtoV Partners also participated in the round.

Baby food producer Yamo plans to use the fresh capital to expand to France.

France-based Five Seasons Ventures focuses on foodtech investments and has previously invested in Gemany-based meal preparation package business Just Spices.

Previous funding
In August 2017, angel investors backed Yamo’s first financing round. In June 2018, BtoV, Ringier Digital Ventures and Econa backed a funding round for the company.

The company has raised €12m in total.

Company
Founded in 2016 and bases in Zug, Yamo produces and sells organic baby food via a subscription-based model. Its products are also stocked in Coop in Switzerland, as well as selected Rewe and Edeka stores in Germany. Its products last eight to 12 weeks when refrigerated and are subjected to a high-pressure pasteurisation process.

People
Yamo – Tobias Gunzenhauser (CEO), Hosé Amado-Blanco (CFO), Luca Michas (CMO).

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