GLNS advises Marley Spoon on Series B financing and media for equity deal with a combined volume of EUR 55mm.

Marley Spoon, the leading meal and recipe delivery service, received an amount of EUR 15mm in a Series B financing round. Alongside existing shareholders like Lakestar Capital, new investors such as Luxor Capital and QD Ventures also participated in the round. Kreos Capital provided a portion of the investment as growth debt. In addition, Marley Spoon concluded a media for equity transaction with GMPVC German Media Pool representing a value of EUR 40mm.

Marley Spoon allows customers to select among meals varying weekly, and delivers the fresh ingredients in a food box directly to the customers’ homes. The company was founded in 2014 by Fabian Siegel and Till Neatby. In November 2014, investors like Global Founders Capital and Point Nine Capital participated in the framework of a Series A financing round.

GLNS comprehensively advised MarleySpoon GmbH on legal and tax matters in the context of the financing round and the media for equity transaction through partners Dr. Daniel Gubitz (M&A, Venture Capital) and Andreas Scheidle (Tax, Venture Capital). Latham & Watkins (Luxor Capital), Bird & Bird (Kreos Capital), Osborne Clarke (QD Ventures) and Pinsent Masons (GMPVC German Media Pool), among others, represented the investors.

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