Milano Vice Raises $9M in Series A Funding

Milano Vice

Milano Vice, a Berlin, Germany-based virtual pizza restaurant chain, raised $9M in Series A funding.

The round was led by Coefficient Capital, with participation from True, Geschwister Oetker and Speedinvest. Other investors included Ole Strohschnieder, David Brunier, Christian Gaiser, and Fabian Wittleben.

The company intends to use the funds to scale operations and expand the business across Germany and internationally.

Founded in 2021 by Rudolf Donauer, CEO, and Dennis Murselovic, MD, Milano Vice is a virtual pizza restaurant chain that partners with existing professional kitchens, leveraging their underutilised capacity to prepare pizzas and deliver them to their consumers’ homes. In this way, it enables partner restaurants, traditional bakeries, and professional chefs, to increase their sales thanks to resource optimisation through increased utilisation of kitchen and staff.

Since its launch in January 2022, Milano Vice has sold over 1M pizzas in Berlin, Hamburg, Frankfurt am Main and North Rhine-Westphalia. It currently partner with over 60 businesses in Germany.

FinSMEs

06/12/2023