Extract from M&A Insights

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Wine App Vivino raises DKK 121M in new funding round
February 15, 2018

Vivino raises DKK 121m as its ecommerce commitment takes off. Vivino is known for it’s wine discovery service, but the company is soon being transformed into a global wine marketplace. The latest funding comes about two years after the company raised USD 25m in a round led by SCP Neptune International, the investment arm of former Moet Hennessy CEO Christophe Navarre. The new round was again led by SCP Neptune International and brings Vivino to a total of USD 57m raised. Other VCs participating in the new round include Balderton Capital, Creandum, SEED Capital Denmark, and Iconical.

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