V3 Ventures launches to place €100M into startups in well being, magnificence and meals • TechCrunch

Verlinvest, a family-backed, “evergreen”, progress fund investor, that has beforehand funded a number of well-known shopper manufacturers like Oatly, Vita Coco, Tony’s Chocolonely, Who Provides A Crap, Pedego, Chewy.com, Trace & others, is entering into the enterprise sport.

After placing round €50m into VC initiatives globally, it’s now embarking on being the kick-starter LP in a brand new VC fund dubbed V3 Ventures, the concept being to speculate as much as €100m into founders and types instantly.

Whereas being unbiased of Verlinvest, V3 will nonetheless be capable of leverage the previous’s worldwide community. The plan is to focus on startups within the UK, Europe, US, and India, specializing in pre-seed to Collection A investments throughout e-commerce, well being and wonder and meals and beverage.


Lopo Champalimaud, who beforehand based hair and wonder reserving platform, Treatwell, after a stint as MD of lastminute.com, is V3’s co-founder.

I spoke to Champalimaud in regards to the transfer and what V3’s technique could be: “I’ve bought over 25 years of being an entrepreneur and I figured the following 25 years serving to entrepreneurs construct their companies,” he mentioned.

“With V3 we plan to spend money on consumer-focused firms, be world, and really a lot deal with ESG, as a result of that’s the place shoppers are. It’s actually about attempting to consider how the patron evolves and to stay on the forefront of that.”

V3’s Indian offers can be led by Arjun Vaidya, who bought the D2C ayurvedic drugs model to the Dr. Vaidya’s model.

Thus far, V3 Ventures has already invested in UK-based customized cat meals model Katkin, US skincare startup Revea, and French complement consultants Cuure.