Zorro Secures €1.1m in Latest Financing Round

Deal News | Nov 29, 2024 | Iberian Lawyer

Zorro Eats, a Madrid-based company specializing in premium shawarma, has successfully secured €1.1 million in its latest financing round. This capital injection, facilitated by Bird & Bird as legal advisors, is a significant move for Zorro Eats as it aims to innovate the Spanish market with its high-quality Middle Eastern food offering. The financing was supported by ENISA, contributing €195,000, alongside various private investors. This funding will support Zorro in expanding its market presence in Spain, enhancing its team and sustaining its rapid growth in the restaurant industry. Leading the legal advisory from Bird & Bird was Alberto Rodríguez, with a team inclusive of associates focusing on corporate and employment matters.

Sectors

Food and Beverage
Legal Services

Geography

Spain – Zorro Eats is based in Madrid and aims to expand its operations across Spain, making this the primary geography of focus.

Industry

Food and Beverage – Zorro Eats operates within the restaurant industry, focusing on delivering premium shawarma, a niche in the food and beverage sector.
Legal Services – Bird & Bird provided legal advisory services for the financing round, playing a crucial role in the transaction.

Financials

€1.1 million – Total amount raised by Zorro Eats in the latest financing round.
€195,000 – Amount contributed by ENISA in the financing round.

Participants

Name	Role	Type	Description
Zorro Eats	Target Company	Company	A Madrid-based company aiming to introduce premium shawarma to the Spanish market.
Bird & Bird	Legal Advisor	Company	A law firm providing legal services to Zorro Eats during its financing round.
ENISA	Investor	Company	National Innovation Company, contributed €195,000 to the financing round.
Csar de Pablo Huete	Founder	Person	Entrepreneur and founder of Zorro Eats.
Alberto Rodríguez	Legal Counsel	Person	Counsel in the corporate team at Bird & Bird, led the legal advisement for Zorro Eats.