Chill Chain are an ESG focused logistics platform aggregating space in hauliers to reduce cost and increase carbon footprint efficiency. After engaging with the team, the opportunity came for them to pivot their revenue model into a licence. We advised them that a bridge round would help to take advantage of this and increase valuation before a full series A advising them on their investment from the Seed investor Episode 1.
The investment will enable Chill Chain to capitalise on significant growth opportunities ahead. Demand for its offering is extremely high from both new and existing clients.
"The BDO growth advisory team were incredibly responsive aiding us with all aspects of our capital raise from the strategic direction and nature of it, to the intricate details of our negotiations. I've been hugely impressed by their professionalism throughout. The start of a long and successful collaboration."
Jack Fleming, CEO, Chill Chain