Overview
International law firm McDermott Will & Emery represented Deliveristo, an online food marketplace connecting restaurant owners and food suppliers, in its EUR 7 million equity investment round.
Launched in 2019, Deliveristo has developed a B2B delivery platform to simplify the ‘Ho.Re.Ca.’ (hôtellerie, restaurant, café) industry, allowing digital orders and purchases directly from producers and distributors.
Vertis SGR, through its new fund “Vertis Venture 5 Scaleup”, was the lead investor of the round, which also includes a reinvestment of United Ventures SGR, through the fund “United Ventures II”. Azimut Libera Impresa SGR, through the fund “Azimut Digitech Fund”, Italian Angels for Growth (IAG), Gellify Digital Investments, Doorway and other business angels invested in this round.
In the previous rounds, the Italian foodtech had already raised 5.6 million euros: 1.1 million euros between pre-seed and seed rounds and 4.5 million euros in a A-round led by United Ventures in December 2020.
McDermott Will & Emery Studio Legale Associato assisted Deliveristo for all legal aspects of the transaction, with a team headed by Ettore Scandale, partner in charge of the Italian corporate department, supported by associate Stefano Pardini and trainees Francesco Carrà and Matteo Landini.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
