Fenwick & West represented Boxed, a leading company that delivers bulk-sized groceries, in its $111 million Series D financing. Aeon Co. Ltd., Japan’s largest retailer by sales and one of the nation’s largest grocers, led the round with participation from Alpha Square Group, CDIB Capital, consumer technology investor Gabriel Naouri and other existing investors.
With this round, Boxed will explore opportunities to collaborate on technology and business models with Aeon. Boxed will continue to accelerate automation of facilities with hardware developed by Boxed’s in-house robotics team. More information about Boxed’s $111 million Series D financing can be obtained from the company announcement.
The Fenwick transaction team was led by corporate lawyers Michael Esquivel, Katherine Duncan, Malcolm Katz, Amir Hassanabadi and Elena Moreno Cloutier; and technology transactions lawyer Stefano Quintini.