Recent work | August 24, 2018

Kinnevik invests in food waste app Karma

Roschier represented Kinnevik Online AB in its investment in Karmalicious AB. Karma has raised USD 12 million in a series A round of funding led by investment firm Kinnevik, with participation from Bessemer Venture Partners, Electrolux, and E.ventures, among others.

Karmalicious AB is an online marketplace that enables restaurants and grocery stores to reduce food waste by offering their unsold products at a discounted price directly to consumers. Karma is currently available in Sweden and London.

The Roschier Private M&A advisory team consisted of Björn Winström, Axel Bonning, Philip Wahlgren and Bruno Gustafsson.