Vilnius-based food supply marketplace Saltz raises €20 million Series A, plans 100+ hires as it expands across Europe

Vilnius-based Saltz, a digital marketplace for the food supply industry, has successfully secured €20 million in Series A funding. This significant investment aims to fuel its ambitious expansion across Europe and enhance cross-border food trade technology. The funding round was notably supported by the European Bank for Reconstruction and Development (EBRD), alongside venture capital firms like Inovo, Lifeline Ventures, and Change Ventures, indicating strong confidence in Saltz's vision. The core of Saltz's offering is a digital platform that directly connects professional kitchens with verified food suppliers, aiming to streamline the often fragmented and manual food distribution processes. By consolidating supplier catalogues, ordering, payments, and logistics into a single interface accessible via browser and mobile app, Saltz addresses inefficiencies prevalent in the current market, such as hidden pricing and time-consuming manual orders. The company's founders, with prior experience in building large-scale B2B marketplaces, aim to replicate this success in the food distribution sector, focusing on creating a more transparent and efficient ecosystem. This strategic funding will enable Saltz to significantly scale its operations, planning to add over 100 new hires by the end of 2026 across engineering, product, sales, and operations. The expansion will see Saltz entering more European markets, increasing its supplier network, and ultimately aiming to become the primary platform for professional kitchens and suppliers to collaborate across the continent and beyond. The platform currently serves 20 countries, offering a range of meat and seafood products, and its growth trajectory is set to reshape how food is sourced and distributed within Europe.