YFood Labs, a Munich, Germany-based smart food startup, raised €4.2m in Series A funding.
The round was led by Five Seasons Ventures, with participation from New Ground Ventures and current backers.
The company intends to use the funds to continue to expand operations and its business reach in Germany, Austria, and Switzerland.
Founded in 2017 by Noël Bollmann (25) and Benjamin Kremer (28), YFood Labs has developed a meal drink that works as an aalternative to junk food for busy people. According to the company, over 2 million bottles were sold to thousands of people in over 25 countries, both online and through over 6,000 physical points of sale.