Snackpo raises 3.6 billion won in Series A bridge funding

Snackfor announced on the 30th that it had raised a total of 3.6 billion won from GS Retail, SBI Investment, Shinhan Capital and FuturePlay.

Since its founding in 2018, Snackfor has provided curated snack services to leading companies in Korea and abroad, including Kakao, Toss, Samsung affiliates, SK affiliates and Fastfive.

Lee Seong-hwa, an executive director in charge of new business at GS Retail, which participated in the investment, said, “Snackfor offers consumers a highly satisfying snack service through a new, curation-based retail model. We decided to invest because we believe it has strong growth potential as a partner that can help GS Retail expand in the micro-retail market.”

Lee Ju-hyeok, a team leader at SBI Investment, said, “Snackfor’s curation capabilities enable it to manage inventory in a groundbreaking way, helping minimize product waste. Its work to bring ESG principles to micro-retail is what we find most attractive.”

Snackfor CEO Lee Ung-hui said, “We’re preparing various initiatives to boost customer satisfaction and offer enjoyable snack experiences. With this investment, we plan to actively hire people interested in Snackfor and grow together.”

Snackfor is hiring through the end of October for roles in planning, design, marketing, sales, customer experience and business development. More information is available on Wanted and Saramin.