Seven seeds

History

2023: Investment from the fund of the co-owner of Vkusville and its partners

At the end of October 2023, an investment in Seven Seeds was announced. The Tiltech Capital Foundation (among its co-owners, the founder of the Vkusville chain Andrei Krivenko) and its partners have invested in the project of an online supermarket of goods for gardens and summer cottages. The volume of investments has not been disclosed.

Fyodor Shiryaev, a representative of the Tiltech Capital Foundation and co-owner of Seven Seeds, told Vedomosti about the investment deal. The latter clarified that the funding round took place in early 2023.

Tiltech invests in Seven Seeds

The publication notes that before this deal, Seven Seeds products were sold either online or in third-party chain stores. The investment of the first round was enough to launch four stores of the new chain. The costs, taking into account the formation of inventory, repairs, personnel training, adaptation of IT systems, etc., could amount to about 60-70 million rubles, estimates Mikhail Burmistrov, General Director of Infoline Analytics. In total, according to representatives of the parties, the network with the money of Tiltech Capital intends to open at least 30 offline stores in Moscow, the Moscow region and neighboring regions. Based on Burmistrov's calculations, opening all 30 stores will cost the company 450-525 million rubles, the newspaper said.

In addition to Andrei Krivenko, the chairman of the board of directors of the fish and seafood producer Agama Yuri Alasheev and the owner of the company Andrei Himrar Ivashchenko participated in the creation of the Tiltech Capital fund. The fund has already invested in the Noun clothing brand, the Fomin Clinic network, the DocMed/DocDeti/DocDent evidence-based medicine clinic, the sleep products brand, Blue Sleep the delivery service, the Checkbox secondary raw materials operator and Cleaner other projects.^[1]

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