Spanish startup Glovo, whose platform lets app users summon a gig economy worker to shop on their behalf, be it for a takeaway burger or a multi-bag supermarket shop, has bagged a €115 million (~$134M) Series C round of funding. Spanish press are reporting the round values Glovo’s business at more than €300M. The lead investors […]
View More Glovo gets $134M to beef up its on-demand delivery businessCategory: food delivery
A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America […]
View More A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American techIndian food delivery startup Swiggy raises $210M at a $1.3B valuation
India’s food delivery race is hotting up after Swiggy, one of the startups vying for pole position, landed $210 million in new capital for expansion and joined the billion-dollar startup unicorn club. The investment is led by existing backer Naspers, the media conglomerate famous for an early bet on Tencent in China, and new investor DST […]
View More Indian food delivery startup Swiggy raises $210M at a $1.3B valuationDeliveroo fattens its market presence by opening to restaurants that do deliveries
Restaurant food delivery startup Deliveroo is taking the next logical step to expand its business by opening up to restaurants that have their own delivery fleets — thereby also expanding the food choices it can offer its couch-loving users. Next month the company will launch the new service, called Marketplace+, in seven of its markets […]
View More Deliveroo fattens its market presence by opening to restaurants that do deliveriesRide-hailing firm Grab launches new venture to back startups in Southeast Asia
Grab, the ride-hailing firm that acquired Uber’s Southeast Asia business, is aiming to catalyze the early-stage startup scene in Southeast Asia after it launched an accelerator and investment unit called Grab Ventures. The six-year-old company has already made investments and acquisitions — backing startups like Drive.ai and buying Indonesia’s Kudo and India-based iKaaz — and Grab […]
View More Ride-hailing firm Grab launches new venture to back startups in Southeast AsiaFood delivery’s untapped opportunity
Investors may have already placed their orders in the consumer food delivery space, but there’s still a missing recipe for solving the over $250 billion business-to-business foodservice distribution problem that’s begging for venture firms to put more cooks in the kitchen.
Stock prices for Sysco and US Foods, the two largest food distributors, are up by over 20% since last summer when Amazon bought Whole Foods. But, have these companies haven’t made any material changes to their business model to counteract the threat of Amazon. I know a thing or two about the food services industry and the need for a B2B marketplace in an industry ripe with all of our favorite buzz words: fragmentation, last mile logistics and a lack of pricing transparency.
View More Food delivery’s untapped opportunitySouth African tech and media conglomerate Naspers made $2.2 billion from Flipkart sale
Naspers, the South African tech and media conglomerate, continues to have an incredibly hot hand when it comes to global tech investment. Famous for owning a huge chunk of the Chinese Internet powerhouse, Tencent and a big chunk of Mail.ru, Naspers just made $2.2 billion off of the sale of Flipkart to Walmart. The South African company had […]
View More South African tech and media conglomerate Naspers made $2.2 billion from Flipkart saleThe era of the supermarket’s over. Thank these gigantic robot warehouses for that.
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Ocado, the world’s largest online-only grocery retailer, relies on robots to deliver fresh food to hundreds of thousands of people in the UK. Its warehouses are designed like living organisms – there’s a central nervous system (software), a cardiovascular system (conveyor belts) and red blood cells (crates).
But as online shopping becomes more popular, Ocado is looking to new distribution systems to meet the growing demand. Read more…
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View More The era of the supermarket’s over. Thank these gigantic robot warehouses for that.This robot pizza company’s delivery trucks can now bake 120 pizzas per hour
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The robots are hungry for more pizza.
Zume Pizza, the Silicon Valley startup that uses robots (with some human assistance) to assemble pizzas ordered via its app, is now delivering even more pies — cooked while en route to customers.
Using the company’s patented “Baked on the Way” technology and the delivery truck’s six ovens, pizza-makers can bake up to 120 pizzas per hour.
Zume CEO Alex Garden called the operation “basically a restaurant on wheels” in a call about expanded delivery areas in the Bay Area and the revamped delivery vehicles. The pizza restaurant has officially partnered with food equipment supplier Welbilt to outfit delivery trucks with high-efficiency ovens. Read more…
More about Robots, Food Delivery, Pizza, Automation, and Tech
View More This robot pizza company’s delivery trucks can now bake 120 pizzas per hourThis robot pizza company’s delivery trucks can now bake 120 pizzas per hour
The robots are hungry for more pizza.
Zume Pizza, the Silicon Valley startup that uses robots (with some human assistance) to assemble pizzas ordered via its app, is now delivering even more pies — cooked while en route to customers.
Using the company’s patented “Baked on the Way” technology and the delivery truck’s six ovens, pizza-makers can bake up to 120 pizzas per hour.
Zume CEO Alex Garden called the operation “basically a restaurant on wheels” in a call about expanded delivery areas in the Bay Area and the revamped delivery vehicles. The pizza restaurant has officially partnered with food equipment supplier Welbilt to outfit delivery trucks with high-efficiency ovens. Read more…
More about Robots, Food Delivery, Pizza, Automation, and Tech
View More This robot pizza company’s delivery trucks can now bake 120 pizzas per hourDomino’s will now deliver to 150,000 parks, pools and other non-traditional locations
Domino’s will now deliver your pizza to the beach – well, sort of! Or the park, the sports field, that one gas station down the road, or some notable landmark in your city where it will be easy for your delivery driver to find you, among other places. The company announced today the launch of […]
View More Domino’s will now deliver to 150,000 parks, pools and other non-traditional locationsYC alum Dahmakan, a Kuala Lumpur-based food delivery startup, acquires Polpa to expand into Thailand
Dahmakan, a vertically-integrated Malaysian meal delivery startup, announced today that it has acquired Polpa to enter Bangkok. Dahmakan was the first Malaysian startup to participate in Y Combinator and recently received a $2.6 million round of funding earmarked for its expansion into new markets. The company, which was launched in 2015 by former Rocket Internet […]
View More YC alum Dahmakan, a Kuala Lumpur-based food delivery startup, acquires Polpa to expand into Thailand