Home Chef just announced that it’s raised a new $40 million round of funding. This Series B comes on top of the $10 million round that Home Chef raised earlier this year. It was led by L Catterton, the private equity firm formed by the recent merger of Catterton with the PE arm of luxury conglomerate LVMH. Founder and CEO Pat Vihtelic has argued that Home Chef differs from other… Read More
Home Chef, one of several startups delivering recipes and ingredients to take some of the hassle out of home cooking, is announcing that it has raised $10 million in Series A funding. Founder and CEO Pat Vihtelic told me that Home Chef stands out from similar-sounding companies in a couple of ways. The big one is flexibility — customers get to choose their meals from 10 13 overall… Read More
Rocket Internet’s HelloFresh Says Hello To $7.5M, As The Meal Prep Service Sets Its Eyes On The U.S.
Berlin’s Rocket Internet has of late made a big business out of incubating and growing e-commerce startups in emerging markets, far away from the U.S. where the competitive field is much more crowded. But today comes news of a funding round for portfolio company HelloFresh that will be used to invest directly in the eye of the storm. The meal-prep company — which assembles… Read More