Advised Swiss online grocery store on growth financing

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Advised Swiss online grocery store on growth financing

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Stout acted as financial advisor to the founders of Farmy in the successful completion of its CHF 10 million financing round to expand their business and to strengthen their logistic and tech infrastructure. The transaction was led by Triodos Organic Growth Fund and other investors.

Farmy is an online market for the transparent and sustainable weekly grocery shopping. Over 12,500 products are directly offered from over 1,000 regional producers. With unique logistics operations, Farmy’s products are delivered incomparably fresh, within only 15 hours to the doorstep across Switzerland. In the Geneva and Zurich metropolitan regions, service is conducted with reduced emissions via Farmy’s own electric car fleet.

View the full news release.