April 30, 2024

Wakuli scores new investment of €5.2 million

We are happy to announce a new milestone for our portfolio company Wakuli, as they secure a €5,2 million investment in a Series A round 💰💰💰 The new round was led by new investor Icecat, joined by existing investors Rubio 🤗, ABN AMRO Sustainable Impact Fund and angel-investor Arnoud Aalbersberg

This new investment brings us closer to a world without Bad Coffee. Closer to a world where coffee farmers are paid a decent income (Wakuli pays 20% above most big coffee chains). And perhaps most importantly ❤️: the higher prices for farmers means better livelihood for them and their families and more time and tools to take care of their land which results in high quality beans.

The investment will support Wakuli’s multi-channel expansion, focussing on a mix of online sales and opening new coffee bars. Every coffee bar adds 15.000 new online customers, a perfect way to introduce new customers to the brand & filosofie of Wakuli.

Congratulations for reaching this new milestone Yorick Bruins, Lukas Grosfeld, Lies U. & team Wakuli! 🚀 And looking forward to our collaboration with Martijn J. Hoogeveen PhD ea! Cheers to making a difference, one cup at a time! 🌍☕