Mandate

Vinge has advised Nick’s in connection with 100 MUSD funding round

October 29, 2021

Vinge has advised the food-tech brand Nick’s, which offers sugar free ice cream and snacks, in connection with their largest funding round to date.

The Company raised USD 100 million in a funding round led by investment company Kinnevik. Temasek, Ambrosia Investments, Gullspång Invest, Peak Bridge, Capagro and Nicoya also participated in the funding round, alongside other existing shareholders.

The Nick’s brand was launched four years ago and is today present in 16 markets. On the US market alone, Nick’s products are available in appr. 6,700 stores. The new funding will primarily be used to strengthen Nick’s growth in Europe and North America.

Vinge’s team consisted of Daniel Rosvall, Maria Dahlin Kolvik, Jonathan Riddersholm and Ebba Nyberg.

 

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