Watermelon Ecosystem
Assembly Line
Watermelon Ecosystem Secures $4 Million Series A Funding
Watermelon Ecosystem, a rapidly expanding startup revolutionizing the food and beverage (F&B) industry, has successfully closed its $4 million Series A funding round. This achievement places new investors at a 13.8% capital shareholding, giving the company a post-money valuation of $29 million.
The funding round was led by prominent investors, with Daman Investments acting as the exclusive Fundraising Advisor. Daman Investments, through its Investment Management & Advisory (IMA) division, specializes in advising and supporting entrepreneurs and companies in raising funds across various stages, including private equity, venture capital, growth capital, and debt such as private credit and structured finance.
Watermelon plans to use the $4 million investment to accelerate its local and regional growth, enhance its technological offerings, and expand its market presence. The company is committed to boosting efficiency, transparency, and sustainability in the F&B industry, and this funding will enable it to solidify its position as an industry leader.