Oviva raises USD 80m in Series C financing round. The advisors

Oviva, the digital health scaleup provider of diet and lifestyle coaching to people who deal with diet-related health challenges, has raised $80 million in Series C funding to reach millions of people across Europe. The round was co-led by Sofina and Temasek, alongside existing investors AlbionVC, Earlybird, Eight Roads Ventures, F-Prime Capital, MTIP, and several angel investors.

The amount raised in this most recent financing will be directed towards fostering Oviva’s presence in existing and new markets as well as looking at potential m&a opportunities to further grow the business. As part of the scale-up plan, the company plans to scale its technology and make it more accessible to a wider range of people by growing its team to 800 employees by the end of 2022.

The advisors

Eversheds Sutherland has supported Oviva throughout the negotiation and closing of the financing round. The core team on this transaction consisted of lead partner Michael Mosimann (pictured top) and Associate Natalie Schwager (corporate, m&a).

Homburger advised the lead investor in the Series C funding of Oviva The Homburger team comprised partner Frank Gerhard (corporate / m&a, pictured left) and senior associate Karin Mattle (corporate / m&a).