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: online food delivery
BRIEF: Uber gulps down drinks deliverer Drizly in $1.1bn deal
February 3, 2021
Drizly, which hosts thousands of merchants across 1,400 US cities on its alcohol delivery marketplace, will be integrated into Uber Eats.
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: On-demand delivery apps Getir & Glovo get $100m+ apiece in ‘dark store’ drive
January 19, 2021
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.
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.
AFN’s last minute holiday gift ideas (of course they’re about food!)
December 24, 2020
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.
Grab makes major e-grocery move with first ‘dark store’ as merger talks continue
December 3, 2020
Pushing further into food e-commerce, Singapore-based Grab has opened its first ‘dark store’ as negotiations with Indonesian archrival Gojek gather pace.
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.
Thailand’s biggest bank launches food delivery app with $14.4m funding
November 2, 2020
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.
Will Smith-backed Jinx explains why we need “digitally native,” modern dog food
December 4, 2019
Hint: Jinx isn’t really about dogs. It’s about the people who own dogs.
Porter Road Founder Talks Consumer Consciousness and the Future Butcher
July 8, 2019
“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.
Delivery Hero Seals $110M Deal and Hints at Potential Post-2015 IPO
June 8, 2015
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
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