We advised FoodDocs, the innovator in the food safety industry, on raising USD 2.4 million to solve food safety compliance issues with the help of Artificial Intelligence.
Growing international reach
The investment round was led by Bonnier Ventures with Forward Venture Capital and Spring Capital along with existing investor United Angels VC.
FoodDocs will use the investment to continue the strategic growth journey, drive further expansion in the US and the UK to reach more clients and partners, and further improve AI capabilities.
Making food safety easy
FoodDocs, established by two female food safety experts, helps serve safe food and make food safety rules easy to follow, offering one solution for all food safety tasks.
The solutions that FoodDocs has developed are already valued by over 15,000 customers including Huboo, Smart Lunches, The Oxford Food Co., and Bolt Market. The latter company has used FoodDocs solution to expand to 40 new business locations in nine countries.
Our team and services
We advised FoodDocs on all matters related to the fundraising.
Our client team was led by counsel Lauri Liivat, supported by associates Vladislav Leiri and Kristi Tammiku, as well as assistant lawyer Eva Lennuk.