Vivino will use the funds to expand in the world’s top wine consumption regions, including United States, Italy, France, Spain, Belgium and Germany.
The Danish wine discovery company Vivino said on Tuesday it has closes $25 million Series B investment round. The round was led by SCP Neptune International, the investment arm of Moet Hennessy’s global CEO Christophe Navarre.
Vivino said it would use the funds for expanding its marketing efforts in the world’s top wine consumption regions, including United States, Italy, France, Spain, Belgium and Germany.
The service has at the moment over 13 million users in 228 countries. “The Vivino community is democratizing an industry that was typically left to the critics, with users contributing tens of thousands of ratings every single day, forming the world’s largest wine library,” the company said in a statement.