Phenix Raises €15M in Funding

Phenix

Phenix, a French-based digital solutions company dedicated to ending food waste and promoting a sustainable growth model, raised €15M in funding.

Backers included BNP Paribas Solar Impulse Venture Fund,Lombard Odier Investment Managers Sustainable Investments, BNP Paribas Asset Management, INCO Ventures, ETF Partners, Danone Manifesto Ventures, and the Smart Cities Fund.

The company intends to use the funds to strengthen its leadership position in Europe.

Founded in 2014 by Jean Moreau and Baptiste Corval, Phenix is an impact startup that develops TechForGood solutions to never waste unsold products. The company has developed five proprietary tech solutions and already saved more than 200 million meals from the bin. Already present in France, Spain, Portugal, Italy and Belgium, Phenix intends to strengthen its presence in these countries by proposing tech solutions to address all the value chain, from farm to fork.

Phenix is an ESUS (Entreprise Solidaire d’Utilité Sociale) and a B Corp company.

FinSMEs

29/09/2022