Data snapshot: Thanks to Swiggy’s mega-deals, restaurant marketplaces lead India agrifoodtech funding
Led by Swiggy, Restaurant Marketplaces raised $1.95 billion in FY22, scooping up the most funding of any agrifoodtech category.
Led by Swiggy, Restaurant Marketplaces raised $1.95 billion in FY22, scooping up the most funding of any agrifoodtech category.
A couple mega-deals of $100 million and over are responsible for the bulk of ghost kitchen investment from the last 12 months.
The Nairobi-based startup raised $1 million in pre-seed funding last year.
The Lagos-based startup is aiming to make the country’s food supply chain much more predictable for stakeholders by using data, drivers, and loans.
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
Drizly, which hosts thousands of merchants across 1,400 US cities on its alcohol delivery marketplace, will be integrated into Uber Eats.
Like many of its peers, the Finnish food delivery app has diversified into groceries and other goods during the Covid-19 pandemic.
Spain’s Glovo and Turkey’s Getir are both targeting the boom in demand for so-called ‘q-commerce’ – ultra-quick, 30-minute-max delivery of groceries purchased online.
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.
If you’ve been so head-down focused on just getting to the end of 2020 that you forgot all about holiday gift planning, AFN has you covered with last-minute ideas that you can send and they can eat.
Freshly’s subscription-based service will give Nestlé access to a “highly specialized consumer analytics platform and distribution network,” the Swiss company said.
Robinhood is going head to head with unicorns Gojek and Grab – but believes it can better serve “the small guys” who run most of kingdom’s restaurants.
Hint: Jinx isn’t really about dogs. It’s about the people who own dogs.
“Regenerative agriculture is a buzzy new term, but we did it this way 60, 70 years ago, before we started trying to commoditize everything. It can be done that way again,” Chris Carter from online butcher Porter Road tell AFN.
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