Ferovinum, a UK-based funding and supply chain platform, has raised £17.5m in a Series A round to expand globally, with backing from Notion Capital, Shapers VC, and Semapa Next. Specializing in the wine and spirits industry, the platform has already deployed over £114m into the UK market. Ferovinum addresses the unique challenges in this sector, such as liquidity constraints and a complex supply chain, by providing an end-to-end digital solution. With this new funding, Ferovinum plans to launch in the US and Europe, while continuing to support high-growth businesses in the UK.
- Ferovinum has achieved significant growth, transacting over £170 million in products and increasing sales by 1,000% since early 2023.
- The platform supports a diverse range of innovative UK wine and spirits companies, including distilleries and canned cocktail disruptors like Moth Drinks.
- With the new investment, Ferovinum aims to enhance its global footprint and further revolutionize funding and supply chains in the $800 billion wine and spirits industry.
