Matsmart, a Sweden-based discount food e-commerce platform, has raised SKr350m ($41m) from a consortium of local investors including retailer Ikea’s corporate venturing unit.
Alongside Ingka Group in the round, led by SEB Private Equity and Gullspång Re: food Invest, were existing shareholders Northzone, Norrsken VC, Novax and LeadX Capital.
The funding will be used for international expansion of its food recycling service.
Prior to this round, Matsmart raised about $39m.
In January 2018, Matsmart raised SEK100m ($12.6m) in funding from investors…
