€ 9.25 million investment for Wakuli

Raising € 9.25 million to scale a fairer coffee system. 🙌 Our portfolio partner Wakuli announced the close of their Series A. The round was led by the European Circular Bioeconomy Fund (ECBF), with participation from ABN AMRO Sustainable Impact Fund, Icecat Capital, and a loan from Rabobank.

Since Rubio invested 5 years ago Wakuli has worked with 16,000+ farmers across 13 countries, including challenging regions like the DRC, Myanmar, and East Timor, paying the highest prices in their regions. Today, they operate 20 coffee bars in the Netherlands alongside a growing subscription model. Next stop: the first Wakuli bars outside the Netherlands. 🚀

We’re excited to work alongside ECBF, ABN AMRO Sustainable Impact Fund, Icecat Capital, and Rabobank in supporting Wakuli’s next chapter.

Congrats Lukas Grosfeld, Yorick Bruins and the entire Wakuli team  for showing that a fairer coffee system is possible, by building it. ☕🌱