Food Strategy Associates are pleased to have provided buy-side commercial support to European Circular Bioeconomy Fund (ECBF) on the successful investment, as part of a €5M Series A round, in Wakuli, a Dutch specialty coffee brand.
Wakuli is a specialty coffee company, based in Amsterdam, that aims to disrupt the coffee industry. Their operating model is based around cutting out middlemen, providing farmers with higher pay and giving customers fresher beans. They have 20+ coffee bars in the Netherlands, offer coffee products online through a D2C webstore and have a B2B offering..
ECBF is a growth-stage venture capital firm dedicated towards the transition to a sustainable economy by investing in innovative European companies.
Isabelle Laurencin, Partner at ECBF shared
“Working with FSA during the commercial due diligence for the Wakuli transaction provided valuable insights and strongly supported our decision making. The deep experience in the coffee industry, the applied methodology and the quality of their assessment provided us with a high level of comfort throughout the process. We appreciated their pragmatic approach and their reliability in meeting agreed timelines, which made the collaboration efficient and constructive,”
Congratulations to both the Wakuli and ECBF teams on an exciting milestone!
Notes to Editors
Food Strategy Associates is a leading European strategy consultancy focused exclusively on the food and beverage industry. Founded in 2013 by two former food industry executives, we combine the first-hand knowledge of highly experienced industry executives with strategy consultants, to deliver a unique and unrivalled proposition to our clients.
Media Enquiries
For further information please contact Robert Lawson on robert@foodstrategy.co.uk