ARQIS has advised the Munich startup company macandoo on concluding its third round of financing.
A private investor made EUR 750,000 available. Just one year ago, macandoo received EUR 525,000 from another private investor during the second round of financing, which was also managed by ARQIS.
Macandoo intends to use the new capital to make the existing product range significantly broader under the “BBQUE” brand, to grow in the core markets and to open up new markets. Oliver Wildner and Michael Lubomirski founded macandoo in 2011. With a range of inimitable Bavarian barbecue sauces, and now spice blends as well, “BBQUE” offers a new level of flavour, quality and design. The products are sold online and in all the large well-known retail chains.
Advisors for macandoo
ARQIS Rechtsanwälte (München): Prof. Dr. Christoph von Einem (lead; corporate/M&A and venture capital), Marcus Nothhelfer (IP); Associate: Andrea Schlote (corporate/M&A and venture capital)