food delivery

Lanch bags $27M for a social media-skewed take on fast food

E-commerce startups built around food continue to gobble up funding as investors look for sticky consumer concepts that can scale without breaking the bank. On Wednesday, Germany’s Lanch — which taps social media and influencers to develop popular food brands alongside retail networks for distributing them — closed funding of €26 million ($27 million) to […]

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Calo raises $25 million to expand its ready-to-eat meal service beyond the Middle East

A business built around increasingly customized ready-to-eat meals has netted Middle Eastern startup Calo a sizeable funding injection as it looks to expand both what it can offer its time-strapped customers and where it delivers its growing range of just-heat-to-eat dishes. The meal delivery market in the Middle East will hit $11.2 billion by 2030,

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MealMe, the startup integrating food ordering tech into apps, picks up $8M

MealMe, a unified API that embeds food and retail ordering into consumer apps and websites, announced on Thursday that it secured $8 million in Series A funding. The newly raised capital brings the total amount raised to $16 million.  MealMe has undergone several changes since its launch in 2019. Initially, it was a consumer app designed

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Food delivery is seeing more consolidation: GrubMarket snaps up FreshGoGo

GrubMarket, the $3.6-billion, food delivery and supply chain startup backed by Tiger Global, BlackRock and nearly 100 other investors, has snapped up another food delivery startup on its consolidation march: It is acquiring FreshGoGo, a New York-based, B2C platform selling Asian groceries and ready-made dishes. Terms of the deal are not being disclosed, but we

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Grab acquires Singapore’s restaurant reservation platform Chope  

Singapore’s ride-hailing and food delivery company Grab is expanding its services beyond ride and food delivery by doubling down on the competitive restaurant booking industry in Southeast Asia. Grab confirmed to TechCrunch that it acquired a Singapore-based dining reservation platform, Chope, for an undisclosed amount. Grab already offers restaurant reservations in Singapore by way of

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Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash 

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: the sale

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