ICFG China advises Eulero Capital SpA on their Series B investment round in Poke House
ICFG member CIGP, based in Hong Kong, has advised investment management firm Eulero Capital SpA (“Eulero”) who led the $24m Series B funding round for European bowl food start-up Poke House, together with FG2 Capital and Milano Investment Partners who reinvested in the company.
Founded by Matteo Pichi and Vittoria Zanetti, Poke House has opened more than 30 locations in Italy, Portugal and Spain. Specializing in healthy Hawaiian style bowl food, Poke House uses tech and data to optimize the production and delivery of its product via all the major food delivery platforms such as Uber Eats, etc... The Italy-born food tech startup claims to have built a “€100M+ company” inside two years.
This funding will enable Poke Bowl to continue its European expansion plans by opening new stores in existing markets, enter France and start in expansion in the UK.
ICFG member CIGP is delighted to have advised Eulero on this fundraise.
Gianfranco Burei, founding partner of Eulero Capital SpA, commented:
“Poke House business model rides some of the main trends in the food sector (food-tech, healthy food, delivery, customization) and has all the characteristics and talents to position the company among the top players at European level. We are thrilled to be a partner of Poke House in an innovative and forward-looking project, in line with our investment strategy which is based on the search for companies included in the macro-trends that will characterize the economic, technological and social evolution of the coming years."
Alberto Pentimalli, Senior Advisor from CIGP commented;
“CIGP is delighted to have supported Eulero Capital team in originating and negotiating this transaction, which allows Poke House to further accelerate its growth and expansion in Italy and in Europe, setting the premises for becoming the new champion in the fast-growing healthy food-tech space. This transaction well reflects the ability of CIGP to bring together adding value capital and exceptional entrepreneurs in a proactive, efficient and confidential way.”