Everli Global, a Palella Holdings company and the parent of Italy-based online grocery marketplace Everli S.p.A., has secured a $10 million loan facility as part of its previously announced Business Combination Agreement with Melar Acquisition Corp I. The financing represents a significant milestone for the company as it advances toward an expected public listing in the first quarter of 2026.
The funding was completed in alignment with the business combination agreement signed in the third quarter of 2025 with Melar Acquisition Corp I, a Nasdaq-listed special purpose acquisition company. The transaction reflects continued confidence from Melar in Everli’s growth trajectory, operating model, and long-term market opportunity within the rapidly evolving online grocery delivery sector.
Everli plans to use the additional capital to support its ongoing expansion across Italy, accelerate technology investments, and further strengthen relationships with retail partners. The company has been experiencing steady growth in order volumes and basket sizes, while also reporting improvements in unit economics as scale and operational efficiency increase. Demand from both consumers and retailers has continued to rise as online grocery adoption becomes more entrenched across European markets.
Founded in 2014, Everli has built a leading position in Italy’s online grocery marketplace by partnering with major supermarket chains and specialty stores. Its platform enables customers to shop online while dedicated shoppers select items directly from stores, removing common friction points such as queues, parking, and heavy lifting. In addition to consumer services, Everli provides data analytics and market research offerings to large retailers and fast-moving consumer goods companies, creating additional revenue streams and strategic value.
As Everli moves closer to its anticipated public debut, management remains focused on operational discipline, platform innovation, and expanding strategic collaborations. The latest financing is expected to provide the flexibility needed to execute on these priorities while maintaining momentum during the final stages of the business combination process.
KEY QUOTES:
“Our business continues to show strong momentum, with growing order volumes, improving unit economics, and increasing demand from both retailers and consumers. This financing positions us well for the next stage of our journey,”
Salvatore Palella, CEO, Everli Global
