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Aware Chef to be acquired by Nestlé, marking Seedrs’ seventh Exit in 2020

Aware Chef, the quick progress farm-to-fork recipe field model, introduced at the moment that it will likely be acquired by Nestlé.  The sale of Aware Chef to Nestlé additionally supplies an exit alternative for a majority of Seedrs buyers.

Aware Chef, which noticed field gross sales soare by 300% through the pandemic, has raised greater than £1million from 173 buyers over two campaigns with Seedrs and Aware Chef shares have been widespread with buyers on the Seedrs’ Secondary Market. 

This marks Seedrs’ 16th portfolio exit, having already seen 6 exits this yr from Orbital Witness, ANNA Cash, Courier Journal, OfficeRnD, Igloo Vitality and PodPoint. Every exit has generated optimistic investor returns throughout a variety of sectors. 

Seedrs Chief Funding Officer, Kirsty Grant says: “We’re delighted for Giles and the Aware Chef staff. They’ve had a implausible progress journey, significantly within the final 12 months, and it’s good for Seedrs buyers to understand a return on their funding.”

Tim Lee, Aware Chef’s CEO, says: “We wish to thank Seedrs and their buyers for his or her help since Aware Chef’s early days. They’ve joined us on our journey to creating entry to wholesome consuming as straightforward as potential and now reap the returns.”

James Murdoch, an lively investor on Seedrs, stated “It’s nice to see the information of a profitable sale. At all times helpful to have examples of a profitable exit. I’m completely satisfied on my return on my remaining shares however congrats too to the investor who purchased the opposite half on the SM final yr – good end result, I needed to scale back threat and take some revenue and the SM purchaser has finished properly. Once more a very good instance of how the SM will be optimistic.”

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