Main Capital buys stake in cloud-based supply chain business Chainfood

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chain_lrgDutch private equity investor Main Capital has bought a “substantial” interest in cloud-based supply chain monitoring business Chainfood.

The business provides a software as a service platform for overseeing supply chains in the food, pharmacy and consumer goods sectors, with a focus on sustainability and safety.

Main said its investment would allow Chainfood to continues its international expansion.

The firm held a €12m first close of its software-focused fund, Main Capital III, in August last year.

Investors in Main Capital III include Swiss fund of funds Akina and a number of families and wealthy entrepreneurs, the firm said.

Main Capital III has a target size of €60m, with management committing at least €3.5m to the fund.

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