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With the largest population in the world and as one of the largest agricultural economies in the world, China represents a major opportunity for startups and investors alike.
Chinese agrifood startups raised $5.8 billion of investment across 283 deals with 318 participating investors during 2018, according to the 2018 China AgriFood Startup Investing Report released by AgFunder in collaboration with Chinese food tech VC Bits x Bites.
Following the heals of Delivery Hero’s recent $110M funding announcement, two additional online food delivery companies have announced the close of respective funding deals. Blue Apron, a New York-based meal delivery service, recently sealed a $135M Series D funding deal led by Fidelity Management and Research Company.
Berlin-based Delivery Hero announced recently that it has secured an additional $110 million in funding from two unidentified U.S.-based “leading public market investors.” This recent funding round brings Delivery Hero’s total investment deals to over $1 billion, with almost $600 million of those funds secured in 2015 alone.