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Berlin-based KoRo Handels, an omnichannel food brand, announced on Thursday that it has secured €20M extension to close its Series B round of funding at €75M.
New shareholders SevenVentures, Associated British Foods, and Family Office Haub Legacy participated in the round with existing shareholders HV Capital, Five Seasons Ventures, and Partech.
The announcement comes over a year after raising €50M in its Series B round of funding.
With the newly secured funds, KoRo plans to accelerate its direct-to-consumer online growth and expand its retail listings across Europe.