Data snapshot: 10 years of restaurant tech funding shows the rise and fall of food delivery
Food delivery is not the only restaurant tech category out there, but it’s been the most prominent over the last decade.
Food delivery is not the only restaurant tech category out there, but it’s been the most prominent over the last decade.
The ghost kitchen service is part of PepsiCo Foodservice Digital Lab, which helps restaurants start delivery-only formats, among other things.
From old timers with mega deals to up-and-comers just entering the space, here are the ghost kitchen startups leading the pack of a growing if somewhat controversial segment of the food industry.
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 Californian e-grocer will use the funds to expand its platform, which sells ‘hard-to-find’ Asian and Latin food, household, and beauty items.
The category continues to evolve as digital tools blur the lines between mealkits, virtual restaurants, and dark grocery stores.
The Singaporean salad chain sees digitalization, cloud kitchens, and plant-based proteins as the way to get there.
The Jakarta-based company says it wants to become “the leader in creating delivery-first food and beverage brands in Southeast Asia.”
The tech-enabled ‘grab n’ go’ restaurant was valued at $1.5 billion at the time of its last publicly announced funding round in September 2019.
The San Diego-based startup is digitalizing the meal preparation business so that smaller players can streamlime operations, cut inefficiencies, and boost profits.
Freshly’s subscription-based service will give Nestlé access to a “highly specialized consumer analytics platform and distribution network,” the Swiss company said.
The SoftBank CEO is “stepping up pressure” on Anthony Tan, co-founder and CEO at Singapore-based Grab, to work out a “ceasefire” with his counterparts at Gojek.
Catch up on the latest funding activity for European foodtech and agtech startups.