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Wednesday, January 20, 2021

Food

Brave Robot ice cream launches as the first brand from the Perfect Day-backed Urgent Company

The founders of the alternative dairy protein manufacturer, Perfect Day, have joined with a longtime product developer in the dairy industry to create a...

Avalara co-founders invest in $2M round for RipeLocker, a startup that aims to keep fruit fresh longer

For George Lobisser, it all comes down to berries. A longtime vet of the food industry, he’s seen first-hand how confounding blueberries, raspberries, and cherries...

A glint of hope for India’s food delivery market as Zomato projects monthly cash burn of less than $1M

Food delivery startups in India have been struggling to make financial sense for years. They have each lost as much as $50 million a...

Business booms at online marketplace Crowd Cow as meat industry giants are hit hard by coronavirus

Crowd Cow delivers a variety of protein products direct to consumers. (Crowd Cow Photo) As businesses across the nation have been left reeling from the...

Indian food delivery startup Zomato cuts 13% of workforce.

Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that...

Deliveroo cuts ~15% of staff as coronavirus challenges food delivery

Is it feast or famine for food delivery startups during the coronavirus pandemic? The UK’s Deliveroo has confirmed it’s axing more than 350 staff —...

JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding

On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup...

Impossible Foods rolls out to nearly 1,000 new grocery stores and supermarkets

Starting tomorrow, 777 supermarkets in California, Illinois, Indiana, Iowa and Nevada will begin stocking the Impossible Foods plant-based meat substitute. Fueling the increased distribution and...

Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown

Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last...

Starship Technologies is sending its autonomous robots to more cities as demand for contactless delivery rises

Starship Technologies has launched a robot food delivery service in Tempe, Ariz., as part of the autonomous delivery startup’s expansion plans following a $40...

India’s Swiggy raises $43M to expand to new businesses

Indian food delivery startup Swiggy has bagged an additional $43 million as it looks to expand to new businesses. Existing investor Tencent and new players...

Luckin Coffee’s board initiates investigation into $300M potential fraud

China-based Luckin Coffee, the fastest growing growing coffee brand in the world, has dazzled VCs, public market investors and frankly us over the years...
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