About Costa Group
Costa Group is a company based in Victoria Park (Australia) founded in 1937 was acquired by Driscoll's in February 2024. Costa Group has raised $161 million across 1 funding round from investors including Driscoll's and Paine Schwartz Partners. Costa Group has completed 4 acquisitions, including 2PH, AFRICAN BLUE and Nangiloc Colignan Farms. Costa Group offers products and services including Avocados and Berries.
- Headquarter Victoria Park, Australia
- Stage Public
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Email
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Phone
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Website
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- Legal Name Costa Group
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$161 M (USD)
in 1 rounds
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Latest Funding Round
$161 M (USD), Series D
Oct 31, 2022
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Investors
Driscoll's
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
2PH
& 3 more
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Acquired by
Driscoll's
(Feb 26, 2024)
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Products & Services of Costa Group
Costa Group offers a comprehensive portfolio of products and services, including Avocados and Berries.
Avocados are grown and supplied by Costa from various hectares, providing nearly year-round availability.
Berries are produced and delivered by Costa as one of Australia's leading producers, including blueberries, raspberries, strawberries, and blackberries from multiple farms.
People of Costa Group
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Finance and Accounting
7 people
Software Development Team
7 people
Leadership Team
6 people
Product Management Team
5 people
Human Resources and Administration
5 people
Data Analysis and Operations Team
3 people
Operations Team
3 people
Senior Team
2 people
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Funding Insights of Costa Group
Costa Group has successfully raised a total of $161M through 1 strategic funding round. The most recent funding activity was a Series D round of $161 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $161.0M
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First Round
First Round
(31 Oct 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series D - Costa Group | Valuation | Paine Schwartz Partners |
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Investors in Costa Group
Costa Group has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Driscoll's and Paine Schwartz Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm focused on food and agribusiness sectors
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Founded Year | Domain | Location | |
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Grower and marketer of fresh organic and conventional berries
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Founded Year | Domain | Location |
Investments & Acquisitions by Costa Group
Costa Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 2PH, AFRICAN BLUE and Nangiloc Colignan Farms.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Blueberry fruits are produced and marketed by African Blue.
|
2007 | ||||
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Online B2B platform offering groceries
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1994 | ||||
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Precision weighing systems are supplied for construction and agriculture sectors.
|
1960 |
Financial Statements - Costa Group
Costa Group Comparisons
Competitors of Costa Group
Latest news on Costa Group
Frequently Asked Questions about Costa Group
Costa Group was founded in 1937 and raised its 1st funding round 85 years after it was founded.
Costa Group is headquartered in Victoria Park, Australia. It is registered at Victoria Park, Western Australia, Australia.
Costa Group is a funded company, having raised a total of $161M across 1 funding round to date. The company's 1st funding round was a Series D of $161M, raised on Oct 31, 2022.
Costa Group was founded in 1937 in Victoria Park, Australia, within the agriculture sector. A variety of produce, including avocados, bananas, berries, citrus fruits, grapes, mushrooms, and tomatoes, is grown and distributed. Operations cover the full supply chain, from cultivation and harvesting to packing and logistics. Advanced techniques and international partnerships are employed to support consistent quality and availability across regions.
Costa Group offers Avocados and Berries.
Costa Group has made 4 acquisitions, including 2PH, AFRICAN BLUE, and Nangiloc Colignan Farms.
Costa Group has 2 investors. Key investors include Driscoll's, and Paine Schwartz Partners.