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Jay-Z, Serena Williams-backed Kopi Kenangan scores $109m in Sequoia-led Series B round
The Indonesian startup will use the funds to expand at home and farther afield, as it bets on tech to change F&B after Covid-19.
The Indonesian startup will use the funds to expand at home and farther afield, as it bets on tech to change F&B after Covid-19.
The Canadian icon will ramp up its expansion in China and improve its digital capabilities with a helping hand from the Shenzhen-based tech giant.
Uber is pulling out of the food delivery business in 7 countries to “reinvest… in priority markets.” Here are some clues as to where it should refocus.
The news cycle for the entire Covid-19 pandemic crisis has been awash with crises in the food industry, forcing various tech providers to step up to the challenge. But which will be left wanting when the virus eventually subsides?
The US coffee chain and Sequoia China will make “strategic co-investments” in emerging, tech-driven food and retail startups “created in China, for China.”
Although VC funding is in short order, Covid-19’s new challenges create new opportunities for some agrifood tech startups to shine.
Moka, a Jakarta-based startup offering POS software for food merchants, could help the on-demand ‘super app’ build out its service offering to restaurants.
Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
Swiggy will use the capital to expand beyond its core offering of on-demand food delivery, while Alibaba-aligned archrival Zomato is also securing funds.
#SupportStartups collates a variety of special offers, discounts, and promotions from regional startups to drive traffic and boost revenues, while SEAcosystem is compiling a jobs database.
Consumers are demanding more digital offerings from restaurants, but new technologies are creating unexpected pain points for operators.
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
there are a few ways to interpret this $19.8 billion figure. Though it signals a 4.8% drop in funding and 15% decline in deal activity year-over-year, it also represents a staggering 250% growth in five years, and proves that the huge scale of investments in 2018 was no freak outlier.
One of the robo-stars of this year’s Consumer Electronics Show in Las Vegas was a slightly wacky invention from Switzerland: a robot that has been
The major poultry products producer hopes to eventually integrate the platform with grocery retailer’s ecommerce offerings to enable digital basket sharing.
What does a CPG company want with smart checkout technology, you ask? Data, and lots of it.
So far, checkout-free technologies appear to be using the same recipe of technology: will they be forced to diversify or die?
A cold chain logistics automation startup scored $31m in funding while an app-based ingredients ordering platform for restaurants raised $33.5m.
“When pigs fly,” muttered some alt-protein naysayers. Well, they may have to eat their words after Omnipork’s CEO tells us the company’s heading to China.
#WorldFoodDay calls for action to make healthy and sustainable diets affordable and accessible to everyone. We find out what chefs and suppliers are doing.