Yababa, a Berlin startup that sought to serve up home grocery deliveries for cooking Oriental cuisine, is apparently shutting its doors.
Deutsche Startups reported bankruptcy papers from Yababa had been filed, in a signal investor sentiment on food delivery startups may be souring.
Yababa was founded in 2021 by Ralph Hage, Hadi Zaklouta, Javier Gimenez and Kamuel Semakieh.
The startup attracted $15.5 million in November 2021, drawing a credible roster of European VCs that included Creandum, Project A Ventures and Food Labs.
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