New in Funding: DoorDash acquires Chowbotics and Sustainable E-Grocer Imperfect Foods announce a series D funding of $229.1M

New in Funding: DoorDash acquires Chowbotics and Sustainable E-Grocer Imperfect Foods announce a series D funding of $229.1M

By
Nicola Spalding
February 12, 2021

New in Funding

  • 🛒 Sustainable E-Grocer Imperfect Foods has increased its recently announced series D funding to $110M, up from $95M, bringing its total funding to $229.1M. The firm ‘rescues’ surplus and ‘ugly’ groceries and food service inventory to resell them on its own online platform, helping to combat the world’s multi-billion food waste problem.
Source: Imperfect Foods


  • 👨‍🌾 GrubMarket has raised $90M in an oversubscribed series D funding round, up from $60M when the round was first announced in October 2020. Its virtual food marketplace connects consumers with farmers, and it plans to use the funds to expand its operation further across the US.
  • 🇲🇽 Latin American e-grocer Jüsto raised $65M series A funding, its third round of funding in under 12 months. The firm’s ‘fair’ approach eliminates the middlemen in the supply chain, and it intends to use the new funding to improve operations and last-mile logistics and technology, as well as continue the company’s geographic expansion throughout Mexico and into other countries.
  • 🔬 US microbiome company Evolve BioSystems secured $55M series D funding, and plans to continue commercialising its next generation of probiotic which claims to improve infant gut health, which in turn could reduce other infant health issues such as colic, eczema and asthma.
  • 🍛 Irish Deliveroo rival Flipdish secured €40M, having witnessed 300% growth through 2020, processing five million orders across fifteen countries. The Dublin-based digital food-ordering platform will use the funds to further expand its international operations.
  • 💧 D2C wellness brand beam organics closed a $5M series A funding round, and has entered the hydration beverage space with the launch of its Elevate product, a powdered stick hydration mix which provides electrolytes in a ‘clean’ format.
  • 🧫 UK foodtech Hoxton Farms raised a £2.7M seed round to fund production of its animal-free cultured fat, grown in a bioreactor, bringing it closer to commercialisation.
Source: Hoxton Farms co-founders Ed Steele and Max Jamilly


  • 🌱 California-based New Age Meats has closed another $2M seed extension round to further development of its ‘hybrid cultivated and plant-based meat’, in order to drive down its costs and scale production.
  • 🍗 Chinese alt protein startup Hero Protein closed a $850k pre-seed funding round to ramp up its R&D, scale production and expand distribution of its plant-based chicken, beef and fish analogues.
  • 🌯 Bangladesh digital food court Kludio has raised an undisclosed amount in pre-series A financing, to scale its business and introduce ‘over 10 times more food options’ for customers on its platform, which enables mix and match of cuisines across multiple brands.

Mergers & Acquisitions:

  • 🥗 DoorDash is expanding its robotic footprint into the kitchen with its acquisition of salad-making robotics startup Chowbotics, and plans to use its technology to help its merchants extend their menu offerings and reach new customers in new markets.

  • 🍸 Next Frontier Brands has acquired distilled non-alcoholic spirit producer Fluère Drinks, in order to sell its products through its global distribution network.

  • 👶 Health & wellness company Neptune Wellness Solutions Inc. has acquired a controlling interest in Sprout Foods, an organic plant-based baby food and toddler snack company with $28M in annual net revenues, in order to accelerate its transformation into a disruptive CPG company.
Source: Sprout Foods
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New in Funding

  • 🛒 Sustainable E-Grocer Imperfect Foods has increased its recently announced series D funding to $110M, up from $95M, bringing its total funding to $229.1M. The firm ‘rescues’ surplus and ‘ugly’ groceries and food service inventory to resell them on its own online platform, helping to combat the world’s multi-billion food waste problem.
Source: Imperfect Foods


  • 👨‍🌾 GrubMarket has raised $90M in an oversubscribed series D funding round, up from $60M when the round was first announced in October 2020. Its virtual food marketplace connects consumers with farmers, and it plans to use the funds to expand its operation further across the US.
  • 🇲🇽 Latin American e-grocer Jüsto raised $65M series A funding, its third round of funding in under 12 months. The firm’s ‘fair’ approach eliminates the middlemen in the supply chain, and it intends to use the new funding to improve operations and last-mile logistics and technology, as well as continue the company’s geographic expansion throughout Mexico and into other countries.
  • 🔬 US microbiome company Evolve BioSystems secured $55M series D funding, and plans to continue commercialising its next generation of probiotic which claims to improve infant gut health, which in turn could reduce other infant health issues such as colic, eczema and asthma.
  • 🍛 Irish Deliveroo rival Flipdish secured €40M, having witnessed 300% growth through 2020, processing five million orders across fifteen countries. The Dublin-based digital food-ordering platform will use the funds to further expand its international operations.
  • 💧 D2C wellness brand beam organics closed a $5M series A funding round, and has entered the hydration beverage space with the launch of its Elevate product, a powdered stick hydration mix which provides electrolytes in a ‘clean’ format.
  • 🧫 UK foodtech Hoxton Farms raised a £2.7M seed round to fund production of its animal-free cultured fat, grown in a bioreactor, bringing it closer to commercialisation.
Source: Hoxton Farms co-founders Ed Steele and Max Jamilly


  • 🌱 California-based New Age Meats has closed another $2M seed extension round to further development of its ‘hybrid cultivated and plant-based meat’, in order to drive down its costs and scale production.
  • 🍗 Chinese alt protein startup Hero Protein closed a $850k pre-seed funding round to ramp up its R&D, scale production and expand distribution of its plant-based chicken, beef and fish analogues.
  • 🌯 Bangladesh digital food court Kludio has raised an undisclosed amount in pre-series A financing, to scale its business and introduce ‘over 10 times more food options’ for customers on its platform, which enables mix and match of cuisines across multiple brands.

Mergers & Acquisitions:

  • 🥗 DoorDash is expanding its robotic footprint into the kitchen with its acquisition of salad-making robotics startup Chowbotics, and plans to use its technology to help its merchants extend their menu offerings and reach new customers in new markets.

  • 🍸 Next Frontier Brands has acquired distilled non-alcoholic spirit producer Fluère Drinks, in order to sell its products through its global distribution network.

  • 👶 Health & wellness company Neptune Wellness Solutions Inc. has acquired a controlling interest in Sprout Foods, an organic plant-based baby food and toddler snack company with $28M in annual net revenues, in order to accelerate its transformation into a disruptive CPG company.
Source: Sprout Foods

New in Funding

  • 🛒 Sustainable E-Grocer Imperfect Foods has increased its recently announced series D funding to $110M, up from $95M, bringing its total funding to $229.1M. The firm ‘rescues’ surplus and ‘ugly’ groceries and food service inventory to resell them on its own online platform, helping to combat the world’s multi-billion food waste problem.
Source: Imperfect Foods


  • 👨‍🌾 GrubMarket has raised $90M in an oversubscribed series D funding round, up from $60M when the round was first announced in October 2020. Its virtual food marketplace connects consumers with farmers, and it plans to use the funds to expand its operation further across the US.
  • 🇲🇽 Latin American e-grocer Jüsto raised $65M series A funding, its third round of funding in under 12 months. The firm’s ‘fair’ approach eliminates the middlemen in the supply chain, and it intends to use the new funding to improve operations and last-mile logistics and technology, as well as continue the company’s geographic expansion throughout Mexico and into other countries.
  • 🔬 US microbiome company Evolve BioSystems secured $55M series D funding, and plans to continue commercialising its next generation of probiotic which claims to improve infant gut health, which in turn could reduce other infant health issues such as colic, eczema and asthma.
  • 🍛 Irish Deliveroo rival Flipdish secured €40M, having witnessed 300% growth through 2020, processing five million orders across fifteen countries. The Dublin-based digital food-ordering platform will use the funds to further expand its international operations.
  • 💧 D2C wellness brand beam organics closed a $5M series A funding round, and has entered the hydration beverage space with the launch of its Elevate product, a powdered stick hydration mix which provides electrolytes in a ‘clean’ format.
  • 🧫 UK foodtech Hoxton Farms raised a £2.7M seed round to fund production of its animal-free cultured fat, grown in a bioreactor, bringing it closer to commercialisation.
Source: Hoxton Farms co-founders Ed Steele and Max Jamilly


  • 🌱 California-based New Age Meats has closed another $2M seed extension round to further development of its ‘hybrid cultivated and plant-based meat’, in order to drive down its costs and scale production.
  • 🍗 Chinese alt protein startup Hero Protein closed a $850k pre-seed funding round to ramp up its R&D, scale production and expand distribution of its plant-based chicken, beef and fish analogues.
  • 🌯 Bangladesh digital food court Kludio has raised an undisclosed amount in pre-series A financing, to scale its business and introduce ‘over 10 times more food options’ for customers on its platform, which enables mix and match of cuisines across multiple brands.

Mergers & Acquisitions:

  • 🥗 DoorDash is expanding its robotic footprint into the kitchen with its acquisition of salad-making robotics startup Chowbotics, and plans to use its technology to help its merchants extend their menu offerings and reach new customers in new markets.

  • 🍸 Next Frontier Brands has acquired distilled non-alcoholic spirit producer Fluère Drinks, in order to sell its products through its global distribution network.

  • 👶 Health & wellness company Neptune Wellness Solutions Inc. has acquired a controlling interest in Sprout Foods, an organic plant-based baby food and toddler snack company with $28M in annual net revenues, in order to accelerate its transformation into a disruptive CPG company.
Source: Sprout Foods

New in Funding

  • 🛒 Sustainable E-Grocer Imperfect Foods has increased its recently announced series D funding to $110M, up from $95M, bringing its total funding to $229.1M. The firm ‘rescues’ surplus and ‘ugly’ groceries and food service inventory to resell them on its own online platform, helping to combat the world’s multi-billion food waste problem.
Source: Imperfect Foods


  • 👨‍🌾 GrubMarket has raised $90M in an oversubscribed series D funding round, up from $60M when the round was first announced in October 2020. Its virtual food marketplace connects consumers with farmers, and it plans to use the funds to expand its operation further across the US.
  • 🇲🇽 Latin American e-grocer Jüsto raised $65M series A funding, its third round of funding in under 12 months. The firm’s ‘fair’ approach eliminates the middlemen in the supply chain, and it intends to use the new funding to improve operations and last-mile logistics and technology, as well as continue the company’s geographic expansion throughout Mexico and into other countries.
  • 🔬 US microbiome company Evolve BioSystems secured $55M series D funding, and plans to continue commercialising its next generation of probiotic which claims to improve infant gut health, which in turn could reduce other infant health issues such as colic, eczema and asthma.
  • 🍛 Irish Deliveroo rival Flipdish secured €40M, having witnessed 300% growth through 2020, processing five million orders across fifteen countries. The Dublin-based digital food-ordering platform will use the funds to further expand its international operations.
  • 💧 D2C wellness brand beam organics closed a $5M series A funding round, and has entered the hydration beverage space with the launch of its Elevate product, a powdered stick hydration mix which provides electrolytes in a ‘clean’ format.
  • 🧫 UK foodtech Hoxton Farms raised a £2.7M seed round to fund production of its animal-free cultured fat, grown in a bioreactor, bringing it closer to commercialisation.
Source: Hoxton Farms co-founders Ed Steele and Max Jamilly


  • 🌱 California-based New Age Meats has closed another $2M seed extension round to further development of its ‘hybrid cultivated and plant-based meat’, in order to drive down its costs and scale production.
  • 🍗 Chinese alt protein startup Hero Protein closed a $850k pre-seed funding round to ramp up its R&D, scale production and expand distribution of its plant-based chicken, beef and fish analogues.
  • 🌯 Bangladesh digital food court Kludio has raised an undisclosed amount in pre-series A financing, to scale its business and introduce ‘over 10 times more food options’ for customers on its platform, which enables mix and match of cuisines across multiple brands.

Mergers & Acquisitions:

  • 🥗 DoorDash is expanding its robotic footprint into the kitchen with its acquisition of salad-making robotics startup Chowbotics, and plans to use its technology to help its merchants extend their menu offerings and reach new customers in new markets.

  • 🍸 Next Frontier Brands has acquired distilled non-alcoholic spirit producer Fluère Drinks, in order to sell its products through its global distribution network.

  • 👶 Health & wellness company Neptune Wellness Solutions Inc. has acquired a controlling interest in Sprout Foods, an organic plant-based baby food and toddler snack company with $28M in annual net revenues, in order to accelerate its transformation into a disruptive CPG company.
Source: Sprout Foods
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