Poke House, Renzo Rosso’s Red Circle Investments fund enters and aims at international expansion – Corriere.it

Poke House, the Milanese chain of healthy food bowls is aiming for further growth in Italy and abroad thanks to the entry of a new fund with an (unspecified but double-digit) financing round led by Red Circle Investments, the Renzo Rosso’s private investment company. Choosing the right partner was long and complicated — said Matteo Pichi, co-founder and CEO of Poke House —. The one achieved a double result both as regards the capital increase and for the know-how that Rosso brings with him as an entrepreneur and in retail. The secret of Poke House’s success lies in a new way of eating healthy with a modular bowl, in our professionalism and in our international expansion added Pichi. The company, born in Italy in 2018, is now present in 9 countries around the world with over 160 restaurants (in Italy, Spain, Portugal, the United Kingdom, France, Romania, Austria, the Netherlands and the USA), over 1,000 employees and a turnover 2022 of 100 million euros.

The proceeds of the new round will give further impetus to the Poke House development plans mainly focused on theinternational expansion, with new openings in countries already covered and the evaluation of other new geographies. We will continue to invest in the 9 countries with a focus on Italy with around 65 restaurants, but we will also expand into the United States, where just a few months ago we opened a new restaurant in Miami – added the CEO -. We will intensify our presence abroad and accelerate our initiatives in terms of sustainability for the creation of shared value for all our stakeholders, shareholders, customers and for our entire team.

I like investing in young companies, made by young people based on a strong culture and long-term responsible values,” he commented Renzo Rosso, president of Red Circle Investments—. Quality food designed and produced in a sustainable manner is the keystone of the modern world, a more conscious consumption that generates less waste. Healthy food means better health and less pollution. I like investing in young companies, made by young people based on a strong culture and long-term responsible values. The company’s potential for international development is evident, and it can count on our worldwide experience in retail, marketing and end-consumer relations to grow further.

Among the active investors who renew their commitment to the growth of the company are Euler Capital, FG2 Capital and MIP sgr, led by co-founder and CEO Paolo Gualdani and Angelo Moratti who confirms his trust in the project firsthand. We are proud to have contributed to strengthening the shareholder structure – said Gualdani – and we welcome a new prestigious co-investor such as Red Circle Investments who, together with us, the previous investors and the founders will continue the ambitious plan to make Poke House the first poke concept in the world.