# KoRo Handels

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/koro-handels

- Industry: Food
- Headquarters: Berlin, Germany
- Website: www.korodrogerie.de/
- Total disclosed funding: $82M
- Latest round: Series C (Jan 23, 2025)
- Investors on record: 8

## About

Founded in 2014 and based in Berlin, Germany, by its Co-CEOs Constantinos Calios and Piran Asci, KoRo Handels GmbH operates as a direct-to-consumer food tech company that offers food products. In March 2022, KoRo Handels GmbH raised EUR 50 million in series B funding led by new investor HV Capital, with participation from other new investors Five Seasons Ventures and Partech Partners. As of April 2022, the company has a team of around 300 people and sells its products in 16 countries across Europe, including Austria, France, Germany, Spain, and the UK. KoRo Handels GmbH's product line includes nut butter, nut flours, chocolate nuts, seed, kernels, walnuts, nut mixture, pistachio puree, hazelnut cream, dried fruit, fruit powder, dates, figs, dried strawberries, spirulina tablets, dried plums and apricots, barley grass powder, rosehip powder, Chaga powder, nettle powder, sweet snacks, brownie, protein bar, spinach pirate, sandwich biscuit, waffle, beetroot fete, energy balls, salted almonds, dark chocolate, flakes, chia seed, spreads, coconut milk, vegetable broth, lentils, syrup, soy slices, shredded coconut, protein powder, supplements, juices, plant drinks, coffee. In addition, the company offers kitchen utensils, cooking accessories, and hygiene products. KoRo Handels GmbH's other businesses are Koro Fresh, KoRo's gift boxes, KoRo Investment, KoRo ice cream, and KoRo franchise. The company will use series B to expand its product portfolio, develop new marketing channels, and further expand the team and the business globally. In February 2025, KoRo Handels GmbH raised EUR 5 million in series C funding from Kharis Capital.

The company plans to utilize the February 2025 funding to accelerate expansion in France, Italy, and the Benelux region, and strengthen its omnichannel presence.

## Funding rounds

- Series C, Jan 23, 2025, $5.1M — Kharis Capital
- Series B, Mar 31, 2023, $22M — Partech Partners, HV Capital, Associated British Foods plc, SevenVentures, Five Seasons Ventures, Haub Legacy Ventures
- Series B, Mar 16, 2022, $55M — Partech Partners, Kreos Capital, HV Capital, Five Seasons Ventures

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series B
- Kreos Capital — Series B
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series B
- Five Seasons Ventures (https://capitalatlas.ai/funds/five-seasons-ventures) — Series B
- Associated British Foods plc — Series B
- SevenVentures (https://capitalatlas.ai/funds/sevenventures) — Series B
- Haub Legacy Ventures — Series B
- Kharis Capital (https://capitalatlas.ai/funds/kharis-capital) — Series C