Funding round
Butternut Box Seed
Butternut Box, which works in pet food product manufacturing in Berlin, raised $1.3M in a Seed round announced on 21 Jul 2017, led by Passion Capital. 1 firm took part. It is Butternut Box's first venture round on record.
$1.3M
Amount raised
1,000,000 GBP converted
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Butternut Box did not disclose a valuation in this round. It is Butternut Box's first venture round on record, 1 year after it was founded in 2016. It is under 1% of the $430M Butternut Box has raised in the venture rounds on record. Butternut Box raised again 21 months later: a Series B round of $19M in Apr 2019.
Butternut Box's funding rounds
Butternut Box has 4 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Passion Capital led the round.
Lead investor
- backs 49 venture-backed companies new investor
Comparable rounds
How it compares
9 Seed rounds in Food Production within a year either side disclosed an amount; the median was $3.5M, and this round was 37% of the median. The closest in time, other companies' Seed rounds in Food Production:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Food Production | 13 Jun 2017 | $4.1M | not disclosed | not named |
| Food Production | 1 Aug 2017 | $1.5M | not disclosed | not named |
| Food Production | 1 Jan 2018 | $4.5M | not disclosed | Unovis Asset Management |
| Food Production | 7 Feb 2018 | $5.0M | not disclosed | not named |
| Food Production | 21 Oct 2016 | $1.6M | not disclosed | Origin Ventures |
| Food Production | 16 May 2018 | $4.0M | not disclosed | Dane Creek Capital |
| Food Production | 10 May 2018 | $3.0M | not disclosed | Headline |
| Food Production | 8 May 2018 | $2.0M | not disclosed | Slow Ventures |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Butternut Box raise in its Seed round?
Butternut Box raised $1.3M in its Seed round, announced in Jul 2017.
Who led Butternut Box's Seed round?
Passion Capital led it.
What was Butternut Box's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Food Production?
9 Seed rounds in Food Production within a year either side disclosed an amount; the median was $3.5M, and this round was 37% of the median.
Did Butternut Box raise again after this round?
Yes: a Series B round in Apr 2019 of $19M.