Orrick Advises Investors in Olio’s $43 Million Series B Round


Orrick advised VNV Global, Delivery Hero and DX Ventures on their investment in the $43 million Series B financing round of Olio, a global food sharing app. The round was co-led by VNV and Lugard Road Capital/Luxor with participation from existing investors Accel, Octopus Ventures, Rubio, Jason Stockwood and Lord Waheed Alli. Olio plans to use these funds to accelerate its international expansion plans, growing its Food Waste Heroes Programme, which acts as an enterprise play amongst food businesses and restaurants to achieve zero food waste, reduce their environmental impact and cut carbon emissions.

The Orrick team was led by Shawn Atkinson and includes Chris Perry, Nick Hayes and Jai Nathwani.