Livestock products platform
Investment Year :
Investment Type :
Early Stage (Series B)
Stonebridge Ventures was convinced that Meatbox had both growth and profitability and led online B2B intermediation market for livestock products.
Global Networks operates a livestock products dealing platform service ‘Meatbox’ which connects directly between sellers and buyer via smartphone application and website. In the Meatbox platform, sellers are available in nationwide sales without risks and buyer can buy more than 15% less at full cost and check reasonable prices.
With conviction that Meatbox had both growth and profitability and led online B2B intermediation market for livestock products, Stonebridge Ventures invested in Global Networks at the Series B of the company with Softbank Ventures and Altos Ventures. After the investment, Meatbox saw 2.5 times increase in annual gross merchandise volume and grabbed more and more the attention of both potential sellers and buyers.