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Vegan pizza manufacturer among December’s targets of angel investment - EBAN

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property="itemListElement" typeof="ListItem"><a property="item" typeof="WebPage" title="Go to News." href="https://www.eban.org/blog/" class="post-root post post-post"><span property="name">News</span></a><meta property="position" content="2"></span><span><i class="fa fa-angle-right"></i></span><span property="itemListElement" typeof="ListItem"><a property="item" typeof="WebPage" title="Go to the Industry Reports category archives." href="https://www.eban.org/category/industry-reports/" class="taxonomy category"><span property="name">Industry Reports</span></a><meta property="position" content="3"></span><span><i class="fa fa-angle-right"></i></span><span property="itemListElement" typeof="ListItem"><span property="name">Vegan pizza manufacturer among December’s targets of angel investment</span><meta property="position" content="4"></span> </div> <h1 class="h2">Vegan pizza manufacturer among December’s targets of angel investment</h1> </div> </div> <div class="container"> <div class="content-area"> <article id="post-20619" class="post-20619 post type-post status-publish format-standard has-post-thumbnail hentry category-industry-reports category-knowledge-center category-resources category-resources-members-area category-resources-featured"> <div class="entry-content"> <p>Among the usual raft of software companies, angel investors also targeted a vegan pizza manufacturer in December 2018. In all, there were 24 deals worth a combined EUR 161 million involving angels investing in companies based in Western Europe announced during December 2018, according to Zephyr, the M&amp;A database published by Bureau van Dijk. At the time of writing, there are still 11 days to go until the end of the month, meaning there is still a chance of investment levels increasing by the time January comes around. However, at present, December’s volume represents the lowest for any month in 2018. Value is also fairly low in comparison to the rest of the year, but is higher than in August (EUR 97 million), March (EUR 142 million) and February (EUR 104 million).<br /> December’s value is largely supported by a small number of large deals, with the month’s most valuable worth just under EUR 75 million as Swiss IT analytics software developer Nexthink secured a round of funding led by Index Ventures and also including participation from TOP Fund Advisors and Olivier Pomel, among others. This deal alone accounted for 47 per cent of total value in the month under review and was followed by a EUR 40 million injection in German mobile fitness training application provider Freeletics in a round which included participation from angel investor and noted self-help guru Tony Robbins, alongside FitLab, Causeway Media Partners and Jazz Venture Partners. Only one other deal broke the EUR 10 million-barrier in the month under review as UK-headquartered online peer-to-peer property-secured lending platform operator Blend Loan Network raised EUR 11 million from investors including Maurice Levy, Jean-Philippe Blochet and Cyrus Ardalan.<br /> It should be noted that all of these deals involve software companies, which, as usual, has been a common target for angel investors in December. However, there are exceptions to this, and one involved a UK target as vegan and gluten-free pizza maker White Rabbit Pizza secured EUR 840,000 from former Burton’s Biscuit Company chief executive Ben Clarke and Propercorn founder Ryan Kohn, among other undisclosed angels. The firm said proceeds of the round have been earmarked for new product development, recruitment and marketing, adding that the injection marks the first phase of a fundraising, with the second to follow in the spring of next year. White Rabbit Pizza was founded by Mateo Ferrari and Nick Croft-Simon in 2015 and produces a range of gluten-free and vegan pizzas. Its products are stocked at UK supermarkets Waitrose and Sainsbury’s, as well as in individual locations such as Oxford’s Rusty Bicycle and Buongiornoe Buonasera restaurants.<br /> Perishable prepared food manufacturing companies are not frequent targets for angel investors, which tend to gravitate towards the software industry. This is borne out by the fact that Zephyr shows that only four deals involving angels targeting such companies, including the aforementioned White Rabbit transaction, have been announced worldwide since the beginning of 2006. The most valuable of these four also took place this year as UK-headquartered online fresh plant-based meal subscription platform operator Allplants secured a EUR 8 million Series A round of funding led by Octopus Ventures. Other investors include Felix Capital Partners, Otiva and angels David Milner, Simon Nixon and Jack Harries. This was followed by a 2016 transaction in which German salad and sandwich maker GreenGurus brought in EUR 2 million from Christophe Maire, via his Atlantic Food Labs vehicle, as well as Project A Ventures and Andreas Berger. The only other deal involving angel investors targeting a perishable food manufacturing company featured a US target as Real Food Blends secured EUR 400,000 from Amanda Lannert, Matt Spiegel, Rick Poulton, Harry Gottlieb, Jeff Cantalupo, Lon Chow and Michael Katz.<br /> To sum up, December has been a quiet month, although it is worth noting that there are still 11 days to go until the end of the year, as well as the fact that value for each of 2018’s four quarters has surpassed the figures recorded for the corresponding timeframes in 2017. This is a positive sign as we move into 2019 and should give those watching the markets cause to hope that activity levels will continue to rise next year.<br /> © Zephyr</p> </div> </article> <!-- #post-## --> </div> </div> <!--.container--> </div> <!--#main--> </div> <!--.content_wrapper--> <footer id="footer" class="footer style_2"> <div class="container"> <div class="top_nav"> <div class="stm_l14_footer_menu top_nav_wrapper"> <ul id="menu-glavni-izbornik-2" class="main_menu_nav"><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20621"><a href="#">Who we are</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20624"><a href="#">What we do</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20627"><a href="#">Our Network</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20710"><a href="#">News&#038;Events</a></li> <li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20645"><a href="#">Knowledge center</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-22419"><a href="https://www.eban.org/contact/">Contact</a></li> </ul> </div> </div> </div> <div class="widgets_row"> <div class="container"> <div class="footer_widgets"> <div class="row"> <div class="col-lg-3 col-md-3 col-sm-6 col-xs-12"> <div class="socials"> <ul> <li> <a href="http://twitter.com/EBAN_org" target="_blank" class="social-twitter"> <i class="fa fa-twitter"></i> </a> </li> <li> <a href="https://vimeo.com/ebanorg/albums" target="_blank" class="social-vimeo"> <i class="fa fa-vimeo"></i> </a> </li> <li> <a href="https://www.linkedin.com/company/eban-org/" target="_blank" class="social-linkedin"> <i class="fa fa-linkedin"></i> </a> </li> <li> <a href="https://www.flickr.com/photos/194798566@N08/albums" target="_blank" class="social-flickr"> <i class="fa fa-flickr"></i> </a> </li> <li> <a href="http://www.youtube.com/c/EBAN_org" target="_blank" class="social-youtube"> <i class="fa fa-youtube"></i> </a> </li> </ul> </div> </div> <div class="col-lg-3 col-md-3 col-sm-6 col-xs-12"> <section id="custom_html-2" class="widget_text widget widget_custom_html"><h4 class="widget_title no_stripe">EBAN News Feed</h4><div class="textwidget custom-html-widget"><a href="https://www.eban.org/eban-news-feed/" style="display:block"><img src="https://www.eban.org/wp-content/themes/consulting/public/img/EBAN-News-Feed-Banner.jpg" style="width:100%;height:auto;margin-bottom:15px"> Read All News</a></div></section> </div> <div class="col-lg-3 col-md-3 col-sm-6 col-xs-12"> <section id="contacts-2" class="widget widget_contacts"><h4 class="widget_title no_stripe">Get in Touch</h4><ul class="stm_list-duty heading-font"><li class="widget_contacts_address"><div class="icon"><i class="stm-location-2"></i></div><div class="text">Avenue des Arts 56 - 1000 Brussels, Belgium</div></li><li class="widget_contacts_phone"><div class="icon"><i class="stm-iphone"></i></div><div class="text">Call: +32 (0)2 48 64 115</div></li><li class="widget_contacts_email"><div class="icon"><i class="stm-email"></i></div><div class="text"><a href="mailto:info@eban.org">info@eban.org</a></div></li></ul></section> </div> <div class="col-lg-3 col-md-3 col-sm-6 col-xs-12"> <section id="socials-2" class="widget widget_socials"><h4 class="widget_title no_stripe">Social Networks</h4><div class="socials_widget_wrapper socials"><ul class="widget_socials list-unstyled clearfix"> <li> <a href="http://twitter.com/EBAN_org"> <i class="fa fa-twitter"></i> </a> </li> <li> <a href="https://vimeo.com/ebanorg/albums"> <i class="fa fa-vimeo"></i> </a> </li> <li> <a href="https://www.linkedin.com/company/eban-org/"> <i class="fa fa-linkedin"></i> </a> </li> <li> <a href="https://www.flickr.com/photos/194798566@N08/albums"> <i class="fa fa-flickr"></i> </a> </li> <li> <a href="http://www.youtube.com/c/EBAN_org"> <i class="fa fa-youtube"></i> </a> </li> </ul></div></section><section id="custom_html-4" class="widget_text widget widget_custom_html"><div class="textwidget custom-html-widget"><ul class="disclaimers"> <li> <a href="https://www.eban.org/terms-and-conditions/">Terms and conditions</a> </li> <li> <a href="https://www.eban.org/accessibility/">Accessibility</a> </li> <li> <a href="https://www.eban.org/privacy-policy/">Privacy policy</a> </li> </ul></div></section> </div> </div> </div> </div> </div> <div class="copyright_row"> <div class="container"> <div class="copyright_row_wr"> <div class="copyright"> Copyright © 2024 Eban.org. 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elementor-element-populated"> <section class="elementor-section elementor-inner-section elementor-element elementor-element-ce1fa25 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="ce1fa25" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1f0d2e4" data-id="1f0d2e4" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-0d2648e elementor-widget elementor-widget-heading" data-id="0d2648e" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Regular Price for Angel Networks</span> </div> </div> <div class="elementor-element elementor-element-0d5f10f elementor-widget elementor-widget-heading" data-id="0d5f10f" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">1.500€ per year</span> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-87f2fa6" data-id="87f2fa6" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-325a9bd elementor-widget elementor-widget-heading" data-id="325a9bd" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Price for Emerging Networks</span> </div> </div> <div class="elementor-element elementor-element-ea6bc8b elementor-widget elementor-widget-heading" data-id="ea6bc8b" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">1.000€ per year*</span> </div> </div> <div class="elementor-element elementor-element-94d3526 elementor-widget elementor-widget-heading" data-id="94d3526" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">*Networks with less than 200 members or less than 10M invested per year</span> </div> </div> </div> </div> </div> </section> <div class="elementor-element elementor-element-5d7a043 elementor-widget-divider--view-line elementor-widget elementor-widget-divider" data-id="5d7a043" data-element_type="widget" data-widget_type="divider.default"> <div class="elementor-widget-container"> <div class="elementor-divider"> <span class="elementor-divider-separator"> </span> </div> </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-1d04282 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="1d04282" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-592268f" data-id="592268f" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-bf96d7b elementor-widget elementor-widget-heading" data-id="bf96d7b" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Regular Price for Angel Federations</span> </div> </div> <div class="elementor-element elementor-element-b820b2b elementor-widget elementor-widget-heading" data-id="b820b2b" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">2.500€ per year</span> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0fbf4e6" data-id="0fbf4e6" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-0147612 elementor-widget elementor-widget-heading" data-id="0147612" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Price for Emerging Federations</span> </div> </div> <div class="elementor-element elementor-element-1d258e2 elementor-widget elementor-widget-heading" data-id="1d258e2" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">1.500€ per year*</span> </div> </div> <div class="elementor-element elementor-element-51fc90d elementor-widget elementor-widget-heading" data-id="51fc90d" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">*Federations with less than 200 affiliated angels or less than 3 BANs, VCs, or syndicates be part of their network</span> </div> </div> </div> </div> </div> </section> <div class="elementor-element elementor-element-74d9d58 elementor-widget-divider--view-line elementor-widget elementor-widget-divider" data-id="74d9d58" data-element_type="widget" data-widget_type="divider.default"> <div class="elementor-widget-container"> <div class="elementor-divider"> <span class="elementor-divider-separator"> </span> </div> </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-4fd5520 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="4fd5520" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-372a21c" data-id="372a21c" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-8e3b637 elementor-widget elementor-widget-heading" data-id="8e3b637" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Regular Price for Early Stage Funds</span> </div> </div> <div class="elementor-element elementor-element-6f25a5a elementor-widget elementor-widget-heading" data-id="6f25a5a" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">2.500€ per year</span> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b2eaf8a" data-id="b2eaf8a" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-f7e0e48 elementor-widget elementor-widget-heading" data-id="f7e0e48" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Price for Emerging Early Stage Funds</span> </div> </div> <div class="elementor-element elementor-element-5063e42 elementor-widget elementor-widget-heading" data-id="5063e42" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">1.500€ per year*</span> </div> </div> <div class="elementor-element elementor-element-a428fd6 elementor-widget elementor-widget-heading" data-id="a428fd6" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">*Early Stage Funds with less than 20M AUM</span> </div> </div> </div> </div> </div> </section> <div class="elementor-element elementor-element-286c319 elementor-widget-divider--view-line elementor-widget elementor-widget-divider" data-id="286c319" data-element_type="widget" data-widget_type="divider.default"> <div class="elementor-widget-container"> <div class="elementor-divider"> <span class="elementor-divider-separator"> </span> </div> </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-efc960f elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="efc960f" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-35970f2" data-id="35970f2" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-dc2068b elementor-widget elementor-widget-heading" data-id="dc2068b" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Regular Price for Funding Platforms</span> </div> </div> <div class="elementor-element elementor-element-50b41b7 elementor-widget elementor-widget-heading" data-id="50b41b7" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">2.500€ per year</span> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-08b9d33" data-id="08b9d33" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-aba828f elementor-widget elementor-widget-heading" data-id="aba828f" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">Price for Emerging Funding Platforms</span> </div> </div> <div class="elementor-element elementor-element-0773b34 elementor-widget elementor-widget-heading" data-id="0773b34" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">1.500€ per year*</span> </div> </div> <div class="elementor-element elementor-element-57fdbea elementor-widget elementor-widget-heading" data-id="57fdbea" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <span class="elementor-heading-title elementor-size-default">*Platforms with less than 20M Euros of transactions made</span> </div> </div> </div> </div> </div> </section> </div> </div> </div> </section> </div> <script> /* <![CDATA[ */var tribe_l10n_datatables = {"aria":{"sort_ascending":": activate to sort column ascending","sort_descending":": activate to sort column descending"},"length_menu":"Show _MENU_ entries","empty_table":"No data available in table","info":"Showing _START_ to _END_ of _TOTAL_ entries","info_empty":"Showing 0 to 0 of 0 entries","info_filtered":"(filtered from _MAX_ total entries)","zero_records":"No matching records found","search":"Search:","all_selected_text":"All items on this page were selected. 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