KoRo, the Berlin-based retail startup that provides high-quality food at fair prices, has raised $20 million in a Series B funding round led by Partech, HV Capital, and Associated British Foods plc, with participation from SevenVentures and Five Seasons Ventures.

The startup's unique approach of bypassing trade levels and using efficient processes has made it possible to offer a wide range of natural and processed foods, kitchen utensils, and cooking accessories at affordable prices. KoRo's transparency also sets it apart, providing customers with a clear insight into its trade processes and decisions.

KoRo's vision is to become Europe's leading supplier of food, drink, and kitchenware by implementing its five basic principles: high quality, short supply chains, bulk packaging, fair prices, and transparency. The company aims to vertically integrate all products into the original source to create maximum transparency.

With the new funding, KoRo plans to expand its product line, develop new partnerships, and increase its presence in both online and offline retail. The startup currently employs over 300 people and sells its products through its own online shop and in brick-and-mortar stores.

KoRo's innovative approach to retail has the potential to revolutionize the industry, making high-quality and sustainable food accessible to everyone. Visit us for more information about their latest funding round: https://founderlodge.com/round/KoRo-raises-20060000-Series-B-2023-04-25-Constantinos-Calios-MTI0MTM