Zurich/London – Boost inc has secured 16 million euros in a Series B financing. The operator of intelligent food vending machines intends to use the fresh capital to significantly expand its market share.
(CONNECT) Boost inc, a brand of Boostbar AG based in Zurich and London, has secured fresh capital of EUR 16 million in a Series B financing. According to a press release, the company for intelligent food service vending machines intends to expand its international market share. The financing round is led by Direttissima Growth Partners and supported by Capmont Technology and the existing investor Kineo Finance via its growth capital fund Kineo Capital. Other investors are also involved.
Boost inc wants to further develop its operating system for smart vending machines, refrigerators and self-service kiosks. The cloud-based platform Vendlive is designed to enable operators to control their networks and optimize processes. Pascal Uffer, founder and CEO of Boost inc, is convinced that the time is right for new investments. "The market is ready, our technology has proven itself and we are ready to accelerate our international expansion together with our partners," Uffer is quoted as saying in the press release.
"Boost inc has shown exceptional performance from day one. The team understands how to scale physical and digital infrastructures and we are proud to support them on their journey," says Philipp Bolliger, Partner at Direttissima Growth Partners. ce/ww
You need to load content from reCAPTCHA to submit the form. Please note that doing so will share data with third-party providers.
More InformationYou are currently viewing a placeholder content from Turnstile. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More InformationYou are currently viewing a placeholder content from Vimeo. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More InformationYou are currently viewing a placeholder content from YouTube. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More InformationYou need to load content from reCAPTCHA to submit the form. Please note that doing so will share data with third-party providers.
More Information