FrozenB2B Internet platform gets $2.8 million in
financing.
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FrozenB2B, a Lille, France-based Internet platform dedicated to
frozen food commerce, has received an infusion of cash from venture
capital firm FINORPA SCR, also of Lille. Funding over the next two years
is expected to be approximately US $2.8 million.
The FrozenB2B.com business, established in 2000 by Christophe
Debove and Patrice Ardore, hopes to grow beyond its traditional base in
Europe and North America. Sights are now set on further expansion in
Asia and elsewhere.
"Our strength lies in an an exclusive information base, which
can be duplicated in other segments of the packaged food business,"
said Mr. Debove.
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