Singapore – June 2018

  • The New Luncher secured US$1.2M from Venture Capital, Business Angels and Family Offices to accelerate its growth in existing markets such as Singapore and Hong Kong.

The New Luncher

The New Luncher is a food-tech startup based in Singapore and Hong Kong, that is disrupting the schoolchildren food industry. The company is offering a monthly subscription model with a meal plan composed of healthy and tasty lunchboxes delivered directly to the kids at school during lunchtime.

Pre-A Round Mandate

In 2018, The New Luncher approached Vantage Capital to advise their Pre-A round of financing which aimed to secure funds to further develop their core product and accelerate their growth into Southeast Asia.

Our Approach

  1. Value Creation 
    – We worked with the management of The New Luncher ’to extract the value of the unique business model.
    – We advised the company on developing and tracking the right Key Performance Indicators for supporting the decision-making process.
  2. Fundraising Preparation
    – We assisted in the preparation of best-in-class documentation.
    – We leveraged our network to build a list of Venture Capital and investors with an added value and hands-on approach.
  3. Negotiation and Closing
    – We built momentum around the fundraising resulting in an oversubscribed round.

Our Results

We oversubscribed the Pre-A Round led by Venture Capital, as well as Business Angels and Family Offices.

Founders & CEO Testimonial

Vantage Capital has been a dedicated advisor during our fundraising process. Vantage Capital has a strong understanding of structuring a fundraising and creating the momentum during the fundraising with investors such as Venture Capital, Family Offices as well as Business Angels. The team has an in-depth understanding of the investment market in Asia as well as a deep reach in the Venture Capital and Private Equity industry. Vantage Capital is a great partner if you are raising funds as a technology company in Asia.” Catherine Lesselin – Co-founder & CEO, The New Luncher

Vantage Capital’s View

“The Founder and CEO of The New Luncher has the vision to change the way children are eating! Most importantly, the vision is backed by a laser-focused execution plan, a technology play as well as a strong business model. We are glad that The New Luncher’s team attracted renowned Venture Capital, as well as hands-on Business Angels and Family Offices.”




Series Pre A Round
Investment
Undisclosed
Funding Status
Lead Investor
VCs, Family Office, Business Angels
Funding Round
Series Pre A
Deal Type
SAFE
Year Completed
2018
Location
Singapore

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