A successful Instacart IPO could go far in revitalizing the IPO market, including for other agrifoodtech companies.
The digital ag marketplace aims to bring fairer prices to restaurants and retailers and more profit to small and medium farmers.
Alternative protein and eGrocery grabbed the bulk of the top 15 deals in 2021, but midway through 2022, the future for one of them is far less certain.
Layoffs, redundancies, and cooling investor sentiment are the major themes for instant grocery delivery startups this week.
The Singapore-based startup has acquired stakes in ag produce supply chain businesses in Indonesia, Malaysia, and Vietnam in recent weeks.
The Californian e-grocer will use the funds to expand its platform, which sells ‘hard-to-find’ Asian and Latin food, household, and beauty items.
E-grocery exploded during the Covid-19 pandemic. In Nigeria, Grocedy’s focus is on helping consumers save on rising food costs rather than shopping convenience.
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
The Singapore-based startup plans to launch into neighboring Malaysia and Indonesia during Q1 2022.
The Rwandan company has experienced — and taken on — the full range of food production, manufacturing, and distribution challenges one would expect in a frontier market, says founder Lauren Nkuranga.
The Jakarta-based startup is relying on micro-fulfillment, refrigeration, and last-mile, ‘in-time’ delivery – as well as its 1,000-plus farmer partners – to do it.
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.
Both companies source fresh produce from farmers and agribusinesses and deliver it to consumers, who can order groceries through a mobile app.
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