Brief: Misfits Market to acquire Imperfect Foods, says IPO is ‘most likely’
September 7, 2022
The deal strengthens the companies’ business model of selling surplus and ‘ugly’ foods to consumers at discounted prices.
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Tag: grocery delivery
Data Snapshot: Ghost kitchens lead $4.8bn in Cloud Retail Infrastructure funding; robotic fulfillment faces layoffs
September 7, 2022
Ghost kitchens operator from Uber founder Travis Kalanick, CloudKitchens, raised a whopping $850m in 2021, including backing from Microsoft.
Data Snapshot: eGrocery & alt-protein ruled seed deals in 2021. Times have changed.
June 8, 2022
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.
Data Snapshot: Over a third of 2021 agrifoodtech investment went to e-grocers
March 30, 2022
China’s Furong Xingsheng and rapid delivery services in the US, Germany, and Turkey made eGrocery the most funded agrifoodtech category of 2021.
Brief: Square Roots taps URB-E’s last-mile fleet to deliver CEA grown greens
March 28, 2022
Square Roots will leverage URB-E’s fleet of last-mile, small electric vehicles to deliver vertically-grown greens faster and cheaper than traditional vans.
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: 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.
Brief: Chinese e-grocery giants Dingdong, Missfresh file for US IPOs
June 11, 2021
Both companies source fresh produce from farmers and agribusinesses and deliver it to consumers, who can order groceries through a mobile app.
Brief: Walmart, Tencent join $2.2bn funding for Japanese e-commerce giant Rakuten
March 15, 2021
Rakuten, Japan’s top e-commerce company, entered into a strategic alliance with Walmart in 2018 which saw the pair launch the country’s leading e-grocery service.
Why AgFunder invested in URB-E
March 8, 2021
It’s environmentally clean, growing at double digits, and able to increase the convenience of doorstep grocery delivery, writes Manuel Gonzalez.
Brief: Rakuten, KKR buy into Walmart’s Japanese supermarket giant Seiyu
March 3, 2021
“We are excited to accelerate Seiyu’s digital transformation […] to become Japan’s leading omnichannel retailer,” said new CEO Tsuneo Okubo.
Last we heard from Good Eggs, it was in a multi-city retreat. Now it’s expanding with $100m in funding
February 4, 2021
Bouyed by booming demand for e-grocery amid Covid-19 and some promising unit economics, Good Eggs is expanding beyond the Bay Area.
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I’m drowning in new food! Can someone please restructure me out of this mess?