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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Social
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Blueberry fruits are produced and marketed by African Blue.
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2007 | ||||
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Online B2B platform offering groceries
|
1994 | ||||
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Precision weighing systems are supplied for construction and agriculture sectors.
|
1960 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Costa Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Costa Group Comparisons
Competitors of Costa Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Costa Group
When was Costa Group founded?
Costa Group was founded in 1937 and raised its 1st funding round 85 years after it was founded.
Where is Costa Group located?
Costa Group is headquartered in Victoria Park, Australia. It is registered at Victoria Park, Western Australia, Australia.
Is Costa Group a funded company?
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.
What does Costa Group do?
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.
What products or services does Costa Group offer?
Costa Group offers Avocados and Berries.
How many acquisitions has Costa Group made?
Costa Group has made 4 acquisitions, including 2PH, AFRICAN BLUE, and Nangiloc Colignan Farms.
Who are Costa Group's investors?
Costa Group has 2 investors. Key investors include Driscoll's, and Paine Schwartz Partners.