Finnish food delivery scale-up Wolt raises €100 million from (mostly) existing investors to ‘prep for an uncertain future’

Less than a year after securing $130 million, Finnish food delivery startup Wolt has raised a new €100 million round of funding from prior backers ICONIQ Capital, Highland Europe, 83North and EQT Ventures. The only new investor added to the roster is Goldman Sachs’ Growth Equity unit. The news comes after publicly listed rival […]


Belgian food tech startup Deliverect raises €16.25 million to expand globally

Deliverect, a Ghent-based software that manages online food orders for restaurants, has raised €16.25 million in a Series B round led by OMERS Ventures, with contributions from Newion, SmartFin, and the company’s own founders. The Belgian SaaS product helps restaurants streamline all the online orders for delivery, integrating third-party ordering platforms like Uber Eats, Deliveroo, […]


German startup YFood raises €15 million Series B for on-the-go meal replacements

YFood, a Munich-based developer of on-the-go nutrition products, has raised €15 million Series B round, led by London-based ​Felix Capital​. New Zealand-based global dairy cooperative ​Fonterra​, as well as existing investors ​Five Seasons Ventures and ​New Ground Ventures​, also invested. The German foodtech startup sells “complete food” in the form of drinks, bars and powders, […]


Sustainable foodtech startup Choco raises $30.2 million, launches D2C produce delivery in face of COVID-19

Choco, a Berlin-based food sustainability company, has raised $30.2 million in new funding led by Coatue Management. Previous investors joined the round as well, including Bessemer Venture Partners, Atlantic Labs, Target Global and Greyhound.  By providing digital tools for both restaurants and food suppliers, Choco aims to streamline the global food supply chain, thereby reducing […]