
Alven, Otium back Feed in €15m round
VC firms Alven Capital and Otium have taken part in a €15m round for health food startup Feed.
Alven typically invests between €1-4m initially and up to €10m in co-investments in companies operating in the technology, media, telecommunications and services sectors, preferably in France.
The company intends to use the funds to support new product development and accelerate its commercial development in Europe.
Company
Feed is a food brand that offers a range of meal replacement products that are vegan, lactose-free, gluten-free and GMO-free. Products are currently sold in France and can be ordered from abroad. The business was founded in 2017 and has headquarters in Paris.
People
Otium – Camille Kriebitzsch (senior associate).
Feed – Jeff Yasuda (CEO, founder).
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