Offering homestyle African cuisine, Kune is changing the face of Kenya’s food delivery sector
March 11, 2022
The Nairobi-based startup raised $1 million in pre-seed funding last year.
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Tag: food delivery
Brief: Ethnic e-grocer Weee! grabs $425m in Softbank-led Series E
March 1, 2022
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.
Brief: Food delivery app Grab raises $4.5bn following record-breaking SPAC deal
December 3, 2021
CEO Anthony Tan said the company will invest part of the proceeds into mapping tech in order to “deliver groceries more efficiently.”
Data Snapshot: Online Restaurant & Mealkit investment was a $326m variety pack in H1 2021
November 17, 2021
The category continues to evolve as digital tools blur the lines between mealkits, virtual restaurants, and dark grocery stores.
Brief: DoorDash to buy food delivery counterpart Wolt for $8.1bn
November 10, 2021
Wolt CEO Miki Kuusi will become head of DoorDash International, leading its global expansion efforts and reporting directly to the US company’s CEO Tony Xu.
Brief: Robo-delivery startup Nuro raises $600m from Google, Kroger
November 2, 2021
Nuro and Google will additionally “explore opportunities together to strengthen and transform local commerce,” the Californian startup said.
Brief: Gates Foundation leads $707m investment in Dutch e-grocer Picnic
September 17, 2021
Picnic dispatches groceries from strategically located, automated hubs to its customers’ doorsteps using electric minivans.
Are restaurants ready to deploy delivery robots? Following $36m funding, Coco says yes
September 13, 2021
It distinguishes itself from other robo-delivery startups by relying on remote drivers instead of automation to pilot its robots through the streets.
Brief: Zomato sees share price leap 70% on Indian market debut
July 23, 2021
Zomato, which competes for the mantle of India’s top food delivery app with rival Swiggy, is reportedly valued at $12.2 billion post-IPO.
Brief: UAE cloud kitchen startup Kitopi raises $415m, joins billion-dollar club
July 5, 2021
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
Brief: Czech e-grocer Rohlik raises $119m to join unicorn club three months after $238m round
July 1, 2021
It closed its Series B round just three months ago – but says it needed more money for its aggressive expansion plans.
Bringg bags $100m for logistics platform used by Albertsons, Walmart; joins unicorn club
June 18, 2021
The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.
Brief: Delhivery raises $277m in pre-IPO round
May 31, 2021
It started out as a last-mile food delivery app in 2011 before branching out to become a ‘full stack’ logistics and fulfillment platform.
Southeast Asian food e-commerce giants Gojek & Tokopedia confirm $18bn merger
May 18, 2021
Gojek edges Singapore-based rival Grab – which is in the midst of its own $40 billion SPAC merger – as Indonesia’s most popular food delivery app.
Chinese produce platform Dingdong Maicai raises $1bn from SoftBank, Coatue
May 17, 2021
Dingdong Maicai said it will use the funding for regional expansion, enhancement of its fresh produce supply chain capabilities, and to hire more personnel.
Brief: Uber doubles down on food & grocery offerings in profitability push
May 4, 2021
Uber is set to announce its Q1 results this week as it continues the hunt for profitability by focusing on its core businesses: transport and food delivery.
Brief: Indian food delivery app Zomato files for $1.1bn IPO
April 28, 2021
Zomato, which was founded in 2008, has raised a total of $2.1 billion to date from the likes of Ant Financial, Temasek, and Sequoia Capital.
Brief: E-grocer Ocado invests $14m in autonomous vehicle startup Oxbotica
April 21, 2021
With e-grocery adoption skyrocketing due to Covid-19, grocery delivery companies like UK-based Ocado are finding new reasons to seek out innovation.
Grab confirms record-breaking $40bn SPAC deal; archrival Gojek nears $18bn merger
April 14, 2021
The Singapore-based app claims to be the category leader for online food delivery, ride-hailing, and digital payments in Southeast Asia.
Brief: Food delivery app Grab said to target US listing in biggest ever SPAC deal
April 7, 2021
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
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