Sunday, January 17, 2021

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Cortilia: Closes €34M Series C Financing

  • Cortilia, a Milan, Italy based online quality fresh food company, closed a €34m Series C round of financing
  • The round was led by Red Circle Investments, the investment company of Renzo Rosso, founder of Diesel and president of fashion group OTB
  • In conjunction with the funding, Mr. Rosso is also joining the Board of Directors of Cortilia
  • The company intends to use the funds to further develop the presence of its services throughout Italy
  • Cortilia is an e-commerce company with a catalog of 2,500 food products, promoting a model of sustainable and healthy consumption
  • Cortilia also announced that it has updated its Articles of Association to officially become a benefit corporation

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