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ETF Digest

Phenix continuing their expansion across Europe with the acquisition of MyFoody!

Posted

24 November 2021

Categories

Fantastic news from our portfolio company Phenix, who have continued their expansion across Europe with the acquisition of MyFoody! Phenix is multiplying the channels to sell unsold food and develop solutions to avoid food waste. In 2020 alone, they helped save 44 million meals from disposal!

Having already launched their app to connect distributors and consumers in Spain, Portugal, and Belgium, the acquisition of MyFoody will allow Phenix to bring their solution to the German and UK market in early 2022.

Read more about Phenix and their work HERE.