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.
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Tag: meal delivery
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.
Meallogix raises $1.7m for food prep ERP software
March 24, 2021
The San Diego-based startup is digitalizing the meal preparation business so that smaller players can streamlime operations, cut inefficiencies, and boost profits.
Brief: Wolt raises $530m to grow on-demand delivery ‘beyond the restaurant’
January 28, 2021
Like many of its peers, the Finnish food delivery app has diversified into groceries and other goods during the Covid-19 pandemic.
Brief: Deliveroo raises $180m in pre-IPO funding at $7bn valuation
January 18, 2021
The UK app said it’ll use the capital to grow its ‘dark kitchen’ network and grocery delivery business, confirming its IPO plans publicly for the first time.
Nestlé acquires meal delivery startup Freshly in $1.5bn deal
November 5, 2020
Freshly’s subscription-based service will give Nestlé access to a “highly specialized consumer analytics platform and distribution network,” the Swiss company said.
Grab lays off 5% of workforce as Covid-19 continues to chill food-delivery providers
June 17, 2020
Food delivery services are bigger than ever, as locked-down consumers turn to apps for meals and groceries. But the economic outlook for service providers remains tough.
Samsung, Tencent pump $43m into food delivery unicorn Swiggy
April 7, 2020
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.
U.K. Healthy Meal Delivery Service Pronto Raises $1.6m in Seed Capital from European VCs
August 31, 2015
A rare healthy meal delivery service in London has raised seed capital from a group of U.K. and Dutch investors to fund marketing and expansion of the service.
Meal Kit Maker Blue Apron Announces $135M Dollar Deal
June 10, 2015
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
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