Ferovinum, a cutting-edge wine and spirits industry platform, has secured £17.5 million in an oversubscribed Series A funding round. The platform aims to solve the industry’s liquidity and supply chain challenges while expanding globally.
- End-to-End Platform: Ferovinum offers a comprehensive digital solution that helps businesses in the wine and spirits sector fund, produce, procure, and sell products globally.
- Financial Support: To date, the platform has deployed £114 million in funding, helping small and mid-sized producers access much-needed capital and automate supply chains.
- Investment and Expansion: Led by Notion Capital, with participation from Shapers VC and Semapa Next, this funding will help Ferovinum expand to the US and Europe and enhance its product offerings.
- Leadership Vision: CEO Mitchel Fowler emphasized the need to modernize the $800 billion global wine and spirits market, leveraging technology to support the next generation of brands and resellers.
With fresh funding and strong investor backing, Ferovinum is set to transform the wine and spirits industry by providing innovative financial solutions and expanding into new markets worldwide.
