Phenix Bags €15 M In Funding Led By BNP Impulse Venture
The company eyeing to use the funds to strengthen its leadership position in Europe.
Phenix, a French-based digital solutions company dedicated to eradicate food waste and promoting a sustainable growth model, secured €15M in funding.
Investors included BNP Paribas Solar Impulse Venture Fund,Lombard Odier Investment Managers Sustainable Investments, BNP Paribas Asset Management, INCO Ventures, ETF Partners, Danone Manifesto Ventures, and the Smart Cities Fund.
The company eyeing to use the funds to strengthen its leadership position in Europe.
Founded by Jean Moreau and Baptiste Corval in 2014. Phenix is an impact startup that develops TechForGood solutions to never waste unsold products. The business has created five exclusive technological solutions and has already diverted more than 200 million meals from the trash. Phenix, which is already established in France, Spain, Portugal, Italy, and Belgium, wants to expand there by offering software solutions that cover every step of the value chain, from farm to fork.Phenix is an ESUS and a B Corp company.
