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Cortilia: Closes €34M Series C Financing

January 12, 2021

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