Stockeld Dreamery’s SEK 168 Million Series A Financing Round

Cederquist represented Stockeld Dreamery in the matter.

Foodtech company Stockeld Dreamery, which produce the vegan cheese Stockeld Chunk, raised SEK 168 million in the largest Series A-round in Europe for a plant based food company.

Participating investors where, among others, Creandum, Inventure, Northzone, Astanor Venture, Norrsken and Gullspång Re:food.

The Stockholm-based startup makes alt-cheese products via a fermentation process that uses pea and fava bean protein. Its first offering, a feta-like product called Stockeld Chunk, hit store shelves in Sweden in May 2021. 

Cederquist’s team consisted of M&A Partner Pontus Röckert (Picture) and associates Johannes Färje and Viktor Eriksson.
 

Involved fees earner: Viktor Eriksson – Cederquist KB; Johannes Färje – Cederquist KB; Pontus Röckert – Cederquist KB;

Law Firms: Cederquist KB;

Clients: Stockeld Dreamery;

Author: Federica Tiefenthaler