Corporate venturing units Müller Ventures and Ringier Digital Ventures invested in an $11.5m round that will help the healthy children's food producer move into France.
Switzerland-based baby food brand Yamo has raised €10.1m ($11.5m) in a series A round featuring packaged food producer Müller and media group Ringier, TechCrunch reported yesterday.
The corporates invested through subsidiaries Müller Ventures and Ringier Digital Ventures, joining Five Seasons Ventures, Swiss Entrepreneurs Fund, Btov Partners, Polytech Ventures, BackBone Ventures, Investiere Venture Capital and Fundament in the round.
Yamo provides healthy food for babies and small children that it sells directly through its online platform and in selected grocery chains.…