- Funding Success: Paris-based startup Bene Bono secures €10 million in a recent funding round from investors such as AVP and 2050, along with continued support from existing investors Stride.VC and Project A Ventures.
- Strategic Use of Funds: The French company plans to utilize the funds to broaden the range of rescued organic products, address waste issues at earlier stages, and minimize the carbon footprint through reduced packaging and delivery impact.
- Community Expansion: Bene Bono aims to expand its community and enhance the subscriber experience in both France and Spain, focusing on sustainable practices and encouraging consumers to join the fight against food waste.
- Operational Impact: Established in 2020, Bene Bono operates as a platform connecting French farmers and manufacturers with environmentally conscious consumers, addressing waste issues upstream in the value chain and currently serving over 23,000 regular consumers in key regions.
Paris-based startup Bene Bono, dedicated to rescuing aesthetically rejected organic produce from major supermarkets, has officially announced securing €10 million in a recent funding round through a LinkedIn post.
The funding was provided by AVP (AXA Venture Partners) and 2050, with continued support from existing investors Stride.VC and Project A Ventures.
François Robinet, founder & managing partner at AVP, expressed his satisfaction in a LinkedIn post, stating; “Very happy to join the Bene Bono adventure and to help Grégoire Carlier, Sven Ripoche and Claire Laurent and their team write the next chapter of the story of this great company.”
“We are also very proud, as well as the entire AVP team, to contribute to this project that should inspire us all. Waste is a modern scourge. What Bene Bono is doing to fight him is remarkable and challenging! Try the Bene Bono adventure and open the app, you won’t be disappointed!”
The startup sees this fundraising as a beacon of optimism during challenging times for both the organic industry and venture capital.
The French company plans to utilise the funds for broadening the spectrum of rescued products and advancing the Bene Bono range to tackle waste issues at earlier stages.
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Additionally, the funds will support the company’s efforts to expand its community and elevate the subscriber experience in both France and Spain. A key focus is on minimising the carbon footprint through reduced packaging and delivery impact.
In a LinkedIn post translated from French, Bene Bono says, “Every week, tens of thousands of you receive pasta, fruit, toothpaste and vegetables saved from waste. Without you, we wouldn’t have come all this way (spare a thought for the 4000 tons you saved!).”
Established in 2020 by Grégoire Carlier, Sven Ripoche, and Claire Laurent, Bene Bono serves as a platform enabling French farmers and manufacturers to sell products rejected by conventional channels due to aesthetic or logistical reasons.
Positioning itself as a distinctive platform in France and Spain, Bene Bono caters to environmentally conscious consumers dedicated to sustainability without compromising on savings or product quality.
With 23,000 regular consumers in key regions such as Île-de-France, Lyon, Marseille, Lille, Toulouse, and Bordeaux, the startup receives financial support from funds and business angels.
Currently undergoing geographical expansion and product range diversification, the company offers over 400 committed references spanning food, hygiene, beauty, and maintenance.
Operational upstream in the value chain, Bene Bono aims to make a sustainable impact on waste-related issues in France and Europe.
