Swedish startup CarbonCloud gets €1 million to work with food brands on their carbon footprints

CarbonCloud, a Swedish startup that helps brands calculate their carbon footprints, has raised a €1 million seed round led by Helsinki-based and German firm TS Ventures. The fresh funding will help the company expand, onboard new customers, and hire talent across sales, marketing and product development. The Gothenburg-based startup helps companies within the food […]

alvar pet

Helsinki-based Alvar Pet raises €1 million to develop sustainable dog food and deliver it to your door

Helsinki-based startup Alvar Pet has raised €1 million in seed funding for its eco-friendly direct-to-dog service, on a mission to ‘minimise the carbon pawprint’ of pets. The round was led by, with participation from other Finnish and Swedish investors.  The startup currently offers a range of zero-emission dog foods made of Nordic ingredients such […]


Swiss foodtech startup yamo raises €10.1 million for organic baby food, will expand into France

Swiss foodtech startup yamo, developer of healthy food options for babies and young children, has secured €10.1 million in Series A funding to expand into France and add more products. The round was joined by France-based Five Seasons Ventures, Swiss Entrepreneurs Fund, Ringier Digital Ventures, Müller Ventures, btov Partners, Polytech Ventures, BackBone Ventures and Fundament, […]

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 […]


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, […]

Germany’s Delivery Hero makes giant bet on growth in Asia, buys South Korea’s Woowa for $4 billion

Update (16 January 2020): Delivery Hero has raised €2.3 billion to finance its acquisition of Woowa While, Prosus and Just-Eat are involved in a (rather vicious) consolidation battle, Germany-born rival Delivery Hero hasn’t been sitting still. The company is making an giant bet on Asia by acquiring South Korea’s top food delivery app operator […]