food delivery

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FB

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders

Restaurants rode a wave of usage of food delivery services like Deliveroo, Uber Eats and DoorDash in the last year, discovering new revenues and ways to connect with diners to offset the fact that in-

‘Bowl food’ startup Poke House closes $24M Series B led by Eulero Capital to expand in Europe

The food tech industry is effectively now going into fast food. Sweetgreen in the U.S. is a “fast-casual” restaurant chain that serves healthy “bowl food”. It’s raised $478.6 million

Grab to go public in the US following $40 billion SPAC deal

Ride-hailing and delivery company Grab has announced plans to go public in the U.S. Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers sever

Elior acquires food delivery startup Nestor

Corporate catering company Elior has acquired French startup Nestor for an undisclosed amount. Nestor originally started with a simple idea to differentiate itself from food delivery giants, such as D

India’s Swiggy nears $5 billion valuation in new $800 million fundraise

Swiggy has raised about $800 million in a new financing round, the Indian food delivery startup told employees on Monday, as it looks to expand its business in the country quarters after the startup c

Starship Technologies CEO/CTO Ahti Heinla joins TC Sessions: Mobility 2021

For obvious reasons, food delivery was among the categories that soared during a year of COVID-19 related lockdowns. The question remains how these changes will impact both grocery and restaurant deli

Spain’s Glovo picks up $528M as Europe’s food delivery market continues to heat up

On the heels of Deliveroo raising more than $2 billion ahead of its debut on the London Stock Exchange this week, another hopeful in the food delivery sector has closed a super-sized round. Glovo, a s

Deliveroo drags on the LSE at £3.31, down 15% on its £3.90 pricing; closes down 44% on debut at £2.87

Update: It seems that the market is volatile indeed. After pricing its shares at the lower end of the range, Deliveroo, trading as “ROO” on the London Stock Exchange, opened at 331 pence (

Brazil’s iFood outlines sustainability initiatives aiming to reduce its carbon footprint

The Brazilian-based pan-Latin American food delivery startup iFood has announced a series of initiatives designed to reduce the company’s environmental impact as consumers push companies to focu

Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Koinz is one suc

Deliveroo posted narrowed loss of $309M, with gross transactions surging to $5.7B in 2020, EITF shows

The clock has officially started ticking on Deliveroo’s plans to go public in April. After announcing last week that it planned to list on the London Stock Exchange, today the on-demand food del

Deliveroo confirms anticipated floatation in London, will be among first to use ‘dual shares’ structure

Food delivery startup Deliveroo has today confirmed its stock market floatation in London, something which was on the cards previously. The latest valuation in June last year was over $7 billion. The

Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

Food delivery — whether it’s ready-made orders from restaurants, meal kits or groceries — has been one of the most-used services in this last year of living under the cloud of a glob

Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens

Micromobility startup Helbiz, which now operates across Europe and the USA, is merging with a special purpose acquisition company (SPAC) to become a publicly listed company, giving it a war chest to p

VC investment in proptech can yield profits and change lives

This isn’t a pie-in-the-sky vision. The future is here and the call to action is now. 

Club Feast raises $3.5M to help restaurants deliver meals that only cost $5.99

Club Feast, a startup with a more affordable approach to meal delivery, is announcing that it has raised $3.5 million in seed funding led by General Catalyst. The company was founded by Atallah Atalla

JustKitchen is using cloud kitchens to create the next generation of restaurant franchising

JustKitchen operates cloud kitchens, but the company goes beyond providing cooking facilities for delivery meals. Instead, it sees food as a content play, with recipes and branding instead of music or

Walmart partners with smart box maker HomeValet for grocery delivery pilot

Walmart announced today it will soon begin to pilot a new solution that could eventually allow the retailer to deliver groceries to customers’ homes 24 hours per day. The company is partnering w

China’s adaptive robot maker Flexiv raises over $100 million

As businesses around the world look to automate production lines and supply chains, companies making the robots are attracting great investor interest. The latest to get funded is Flexiv, which closed
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