Supermercato24.it won the 360k dollars seed investment award of the 360 Capital Partners‘ 360by360 Competition which is at its second edition. The award was provided in the form of convertible note subscirbed by 360 Capital Partners, one of the major venture capital firms in Italy and led by Fausto Boni.
The startup is an Italy-based grocery delivery service that allows consumers to choose products from their favorite grocery chains, order them online, and pay cash at the time of delivery. Supermercato24.it has been chosen as the competition winner among 18 finalists (see here the list and the press release).
Led by Enrico Pandian, ceo, the startup just raised 155k euros in angel funding to expand in additional cities across Italy in a round that had valued the company at 1.65 million euros (see here a previous post by BeBeez).