Ferovinum Series A Round, September 2024

Ferovinum, a UK-based funding and supply chain platform for the wine and spirits industry, has successfully completed its £17.5 million Series A funding round. The round was led by Notion Capital, Shapers VC, Semapa Next, and Ferovinum’s existing shareholders. This investment will be used to expand Ferovinum’s platform and services, enabling the company to broaden its market reach, particularly in the US and Europe, while also advancing its product offerings for the global wine and spirits market.

Ferovinum offers a unique digital platform that helps businesses in the drinks industry navigate liquidity challenges and manage their supply chains more efficiently. The company has already facilitated over £170 million worth of product transactions through its platform, growing annual sales by 1,000% since early 2023. Ferovinum provides financial support to UK wine and spirits producers by integrating capital markets with supply chain services, alleviating traditional working capital constraints. With its innovative approach, the platform has deployed over £114 million to date.

Wine and spirits supply chain platform, Ferovinum, has successfully closed an oversubscribed $23.3 million Series A. The round was led by Notion Capital, a European investment firm who specialise in SaaS and Cloud businesses. As part of this round, Jos White, General Partner at Notion Capital, will join Ferovinum’s board of directors. Further participation also came from Shapers VC, Semapa Next, and Ferovinum’s existing shareholder group. The new funding is set to grow their platform, accelerate the company’s overseas expansion alongside ensuring continued support to their existing customer base in the UK.

Ferovonium’s platform seeks to address the existing issues in the wine and spirits industry. Currently, the sector faces liquidity constraints, outdated supply chains and a highly regulated global market resulting in complicated international sales. They offer a digital solution in order to create global product sales. As it stands, they have facilitated the sale of over $226.4 million worth of products. This success is reflected in their growth, which, since 2023 has been an increase of 1000% in annual sales.

The new funding is set to allow Ferovinum to expand their operations into new markets such as the US and Europe towards the end of the year. The investment is also set to aid the company’s plans to broaden their products in order to benefit businesses across the drinks industry. The platform already serves a large group of high-growth customers in the UK, such as Holyrood Distillery and Port of Leith Distillery, Ridgeview Wine Estate, Hundred Hills Winery, and canned cocktail company Moth Drinks. Ferovinum’s efforts have made it the largest provider of working capital to the English sparkling wine industry in 2024.

Jos White from Notion Capital’s General Partner, Jos White, will join Ferovinum’s board as part ofCapitalS the funding round. White expressed enthusiasm for the company, stating,stated: “Ferovinum’s platform leverages technology to give small and mid-sized players in the drinks industry access to funding, and an integrated set of supply chain services. In this way they enable their customers to compete more effectively with the large corporates and, ultimately, to unlock growth. We couldn’t be more excited to invest in this industry disruptor.”

Mitchel Fowler, Ferovinum’s co-founder and CEO, emphasized the platform’s potential to modernize the wine and spirits sector. “The wine and spirits industry is worth $800 billion annually, and yet we’re running it in an archaic and inefficient way. This funding will allow us to build technology that provides the rails for the most exciting next-generation of brands and resellers to succeed,” Fowler said.

The new capital will also enable Ferovinum to enhance its supply chain solutions, leveraging proprietary software to streamline operations from production to distribution. In 2024, Ferovinum became the largest provider of working capital to the English sparkling wine industry, working with notable producers like Ridgeview Wine Estate and Hundred Hills Winery. The company also supports innovative drinks businesses like Moth Drinks, a disruptor in the canned cocktail category.

With plans to launch in the US and Europe later this year, Ferovinum aims to strengthen its position as a leading provider of working capital and supply chain services to the global drinks market. The company’s model alleviates the operational burden on brands by owning and carrying inventories through the supply chain until products are sold. This system helps optimize production, supply chain, and e-commerce processes while connecting brands with distributors for more efficient market access.

This funding round will empower Ferovinum to scale its business, enhance its technology platform, and continue supporting the growth of the wine and spirits industry with flexible, tech-driven financial solutions.

Ferovinum’s co-founder and CEO, Mitchel Fowler, highlighted the inefficiencies in the global wine and spirits industry, stating, “The wine and spirits industry is worth $800 billion annually, and yet we’re running it in an archaic and inefficient way. At Ferovinum, we’re passionate about building technology for the sector in a way that provides the rails for the most exciting next-generation of brands and resellers to succeed. This funding will allow us to do so on a larger scale. We’re so excited to have Notion Capital supporting us – they have a tremendous track record and team when it comes to B2B Software as a Service. Jos White will be an invaluable board member – he’s the Yoda of SaaS!”

Ferovinum, a UK-based funding and supply chain platform for the wine and spirits industry, has successfully completed its £17.5 million Series A funding round. The round was led by Notion Capital, Shapers VC, Semapa Next, and Ferovinum’s existing shareholders. This investment will be used to expand Ferovinum’s platform and services, enabling the company to broaden its market reach, particularly in the US and Europe, while also advancing its product offerings for the global wine and spirits market.

Ferovinum offers a unique digital platform that helps businesses in the drinks industry navigate liquidity challenges and manage their supply chains more efficiently. The company has already facilitated over £170 million worth of product transactions through its platform, growing annual sales by 1,000% since early 2023. Ferovinum provides financial support to UK wine and spirits producers by integrating capital markets with supply chain services, alleviating traditional working capital constraints. With its innovative approach, the platform has deployed over £114 million to date.

Notion Capital’s General Partner, Jos White, will join Ferovinum’s board as part of the funding round. White expressed enthusiasm for the company, stating, “Ferovinum’s platform leverages technology to give small and mid-sized players in the drinks industry access to funding and an integrated set of supply chain services. We couldn’t be more excited to invest in this industry disruptor.”

Mitchel Fowler, Ferovinum’s co-founder and CEO, emphasized the platform’s potential to modernize the wine and spirits sector. “The wine and spirits industry is worth $800 billion annually, and yet we’re running it in an archaic and inefficient way. This funding will allow us to build technology that provides the rails for the most exciting next-generation of brands and resellers to succeed,” Fowler said.

The new capital will also enable Ferovinum to enhance its supply chain solutions, leveraging proprietary software to streamline operations from production to distribution. In 2024, Ferovinum became the largest provider of working capital to the English sparkling wine industry, working with notable producers like Ridgeview Wine Estate and Hundred Hills Winery. The company also supports innovative drinks businesses like Moth Drinks, a disruptor in the canned cocktail category.

With plans to launch in the US and Europe later this year, Ferovinum aims to strengthen its position as a leading provider of working capital and supply chain services to the global drinks market. The company’s model alleviates the operational burden on brands by owning and carrying inventories through the supply chain until products are sold. This system helps optimize production, supply chain, and e-commerce processes while connecting brands with distributors for more efficient market access.

This funding round will empower Ferovinum to scale its business, enhance its technology platform, and continue supporting the growth of the wine and spirits industry with flexible, tech-driven financial solutions.