New in Funding: From Uber's new acquisition to eGroceries platforms raising big 💰 - the delivery sector keeps growing

New in Funding: From Uber's new acquisition to eGroceries platforms raising big 💰 - the delivery sector keeps growing

By
Nicola Spalding
February 5, 2021

New in Funding

  • 🍷 The world’s largest e-commerce platform for wine, Vivino, raised $155M in new funding after seeing 103% growth year on year in 2020. Its app gives Netfllix-style suggestions to consumers of wines to try, based on their preferences.
  • 🥚 Online grocer Good Eggs raised $100M new funding, bringing its total amount raised to $170M. The firm, which currently only operates in the San Francisco Bay Area, saw huge growth through 2020 and plans to use the funds to further expand its operations.
  • 🛒 Chinese farm-to-factory cold chain platform Xianshenghuo closed a $92.9M series A funding round, which comes at a time of a major growth spurt in China’s e-grocery sector. The startup currently services around 500 million shoppers in large and medium-sized cities across China, and plans to expand its operations even further. 
Source: Xianshenghuo Cold Chain Logistics


  • 🧬 Pairwise secured $90M series B funding to further development of its CRISPR technology platform, which enhances fruits and vegetables through creating food that is more disease resistant and tastes better, as well as saving crops that might be at risk due to climate change.
  • 🍳 Chicago-based smart meal delivery service Tovala closed a $30M series C funding round. The firm sells a smart countertop oven and has a subscription service providing more than 400 chef-crafted ‘self-cooking’ meals, which simply have to be scanned, placed in the oven to be heated and voilà! The service is designed to tackle customer retention, which is a constant challenge for meal subscription services.
  • 🍗 Israel’s Future Meat Technologies raised $26.75M this week, and announced it had reduced production costs for a quarter of a pound of its cultivated chicken to $7.50, a price decrease of 1000-fold in just a few years, meaning that cell-based meat could soon be commercially viable.
Source: Israeli startup Future Meat Technologies


  • 💻 Saudi Arabian restaurant management software firm FOODICS closed a $20M series B funding round, to accelerate international presence of its platform, which has already processed more than one billion orders.
  • 🍽 Restaurant tech firm Brightloom raised $15M to increase R&D and scale its new product, a ‘Customer Growth Platform’ which will enable smaller restaurants to get more valuable insights out of their customer data and translate those insights into marketing campaigns more relevant to customers.
  • 🌽 Healthy snack firm Peatos raised a $12.5M series B funding round led by Post Holdings. The brand makes healthy versions of popular snacks, formulated with peas and lentils instead of corn, and plans to disrupt the “$21Bn junk snack market”.
  • 🛍 Rosie closed $10M series A funding, having seen a 900% increase in stores signing up for its online marketplace platform for local retailers through 2020. 
  • 🌾 US indoor farming company Gardyn secured $10M series A funding to accelerate the North American expansion of its consumer-grade vertical farm, which can grow up to 30 plants at once and easily fits inside a small apartment.
Source: Indoor Vertical Farm Gardyn
  • ⚕ Frontier Nutrition, which manufactures and markets affordable fortified snacks in Bangladesh, raised $6M series B funding to fund its expansion plans. The company’s products provide a unique solution to address malnutrition among mothers and children in the country, and are tailored to Bangladeshi palates.
  • 🥘 Canadian home-delivered meal firm WeCook, which offers ready-to-eat meals across Quebec and Ontario, secured CAD 7M ($5.5M) to accelerate its growth plans.
  • 🥖 French platform for catering professionals and their suppliers, Supli, raised €2M in funding. It will use the funds to further develop its technology, which simplifies order management and communication between restaurateurs and their suppliers, to support the recovery of the catering market.
  • 🍔 UK plant-based meat alternatives startup Jack & Bry raised €1.4M seed funding, to accelerate its plans to launch its jackfruit-based products into more outlets in the UK.
  • 📦 Australian online marketplace for home-cooked meals, FoodSt, started by former chef Lorraine Gnanadickam, raised a $500k funding round led by former Afterpay boss David Hancock. The startup plans to use the funds to expand its home-cooked meal delivery service across Australia.

Mergers & Acquisitions:

  • 🚖 Uber Technologies is purchasing alcohol delivery service Drizly for $1.1Bn in stock and cash, as at-home alcohol consumption continues to grow due to pandemic-related restrictions on bars, restaurants and nightclubs.
  • 🍝 Barilla is acquiring Ebro Foods’ Catelli dry pasta business in Canada for CAD 165M ($128.6M), as part of its North American expansion.
  • 🧫 TurtleTree Scientific has announced a strategic partnership with US biotech Dyadic to develop a range of recombinant proteins growth factors which can be manufactured in bioreactors at high yields and relatively lower cost.
  • 🥓 Meat snack producer Stryve Foods is merging with Andina Acquisition Corp. III, in a move that will see the combined business become a publicly-listed company valued at $170M.
  • 🌯 Hormel Foods Corp is working on closing a deal to buy the Planters snack brand from Kraft Heinz Co for $3Bn, which would give it an even bigger presence in the protein space.

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New in Funding

  • 🍷 The world’s largest e-commerce platform for wine, Vivino, raised $155M in new funding after seeing 103% growth year on year in 2020. Its app gives Netfllix-style suggestions to consumers of wines to try, based on their preferences.
  • 🥚 Online grocer Good Eggs raised $100M new funding, bringing its total amount raised to $170M. The firm, which currently only operates in the San Francisco Bay Area, saw huge growth through 2020 and plans to use the funds to further expand its operations.
  • 🛒 Chinese farm-to-factory cold chain platform Xianshenghuo closed a $92.9M series A funding round, which comes at a time of a major growth spurt in China’s e-grocery sector. The startup currently services around 500 million shoppers in large and medium-sized cities across China, and plans to expand its operations even further. 
Source: Xianshenghuo Cold Chain Logistics


  • 🧬 Pairwise secured $90M series B funding to further development of its CRISPR technology platform, which enhances fruits and vegetables through creating food that is more disease resistant and tastes better, as well as saving crops that might be at risk due to climate change.
  • 🍳 Chicago-based smart meal delivery service Tovala closed a $30M series C funding round. The firm sells a smart countertop oven and has a subscription service providing more than 400 chef-crafted ‘self-cooking’ meals, which simply have to be scanned, placed in the oven to be heated and voilà! The service is designed to tackle customer retention, which is a constant challenge for meal subscription services.
  • 🍗 Israel’s Future Meat Technologies raised $26.75M this week, and announced it had reduced production costs for a quarter of a pound of its cultivated chicken to $7.50, a price decrease of 1000-fold in just a few years, meaning that cell-based meat could soon be commercially viable.
Source: Israeli startup Future Meat Technologies


  • 💻 Saudi Arabian restaurant management software firm FOODICS closed a $20M series B funding round, to accelerate international presence of its platform, which has already processed more than one billion orders.
  • 🍽 Restaurant tech firm Brightloom raised $15M to increase R&D and scale its new product, a ‘Customer Growth Platform’ which will enable smaller restaurants to get more valuable insights out of their customer data and translate those insights into marketing campaigns more relevant to customers.
  • 🌽 Healthy snack firm Peatos raised a $12.5M series B funding round led by Post Holdings. The brand makes healthy versions of popular snacks, formulated with peas and lentils instead of corn, and plans to disrupt the “$21Bn junk snack market”.
  • 🛍 Rosie closed $10M series A funding, having seen a 900% increase in stores signing up for its online marketplace platform for local retailers through 2020. 
  • 🌾 US indoor farming company Gardyn secured $10M series A funding to accelerate the North American expansion of its consumer-grade vertical farm, which can grow up to 30 plants at once and easily fits inside a small apartment.
Source: Indoor Vertical Farm Gardyn
  • ⚕ Frontier Nutrition, which manufactures and markets affordable fortified snacks in Bangladesh, raised $6M series B funding to fund its expansion plans. The company’s products provide a unique solution to address malnutrition among mothers and children in the country, and are tailored to Bangladeshi palates.
  • 🥘 Canadian home-delivered meal firm WeCook, which offers ready-to-eat meals across Quebec and Ontario, secured CAD 7M ($5.5M) to accelerate its growth plans.
  • 🥖 French platform for catering professionals and their suppliers, Supli, raised €2M in funding. It will use the funds to further develop its technology, which simplifies order management and communication between restaurateurs and their suppliers, to support the recovery of the catering market.
  • 🍔 UK plant-based meat alternatives startup Jack & Bry raised €1.4M seed funding, to accelerate its plans to launch its jackfruit-based products into more outlets in the UK.
  • 📦 Australian online marketplace for home-cooked meals, FoodSt, started by former chef Lorraine Gnanadickam, raised a $500k funding round led by former Afterpay boss David Hancock. The startup plans to use the funds to expand its home-cooked meal delivery service across Australia.

Mergers & Acquisitions:

  • 🚖 Uber Technologies is purchasing alcohol delivery service Drizly for $1.1Bn in stock and cash, as at-home alcohol consumption continues to grow due to pandemic-related restrictions on bars, restaurants and nightclubs.
  • 🍝 Barilla is acquiring Ebro Foods’ Catelli dry pasta business in Canada for CAD 165M ($128.6M), as part of its North American expansion.
  • 🧫 TurtleTree Scientific has announced a strategic partnership with US biotech Dyadic to develop a range of recombinant proteins growth factors which can be manufactured in bioreactors at high yields and relatively lower cost.
  • 🥓 Meat snack producer Stryve Foods is merging with Andina Acquisition Corp. III, in a move that will see the combined business become a publicly-listed company valued at $170M.
  • 🌯 Hormel Foods Corp is working on closing a deal to buy the Planters snack brand from Kraft Heinz Co for $3Bn, which would give it an even bigger presence in the protein space.

Become a FoodHack+ member to get unlimited access

  • Access premium publications
  • Get listed on our directory
  • Join a Global Community

New in Funding

  • 🍷 The world’s largest e-commerce platform for wine, Vivino, raised $155M in new funding after seeing 103% growth year on year in 2020. Its app gives Netfllix-style suggestions to consumers of wines to try, based on their preferences.
  • 🥚 Online grocer Good Eggs raised $100M new funding, bringing its total amount raised to $170M. The firm, which currently only operates in the San Francisco Bay Area, saw huge growth through 2020 and plans to use the funds to further expand its operations.
  • 🛒 Chinese farm-to-factory cold chain platform Xianshenghuo closed a $92.9M series A funding round, which comes at a time of a major growth spurt in China’s e-grocery sector. The startup currently services around 500 million shoppers in large and medium-sized cities across China, and plans to expand its operations even further. 
Source: Xianshenghuo Cold Chain Logistics


  • 🧬 Pairwise secured $90M series B funding to further development of its CRISPR technology platform, which enhances fruits and vegetables through creating food that is more disease resistant and tastes better, as well as saving crops that might be at risk due to climate change.
  • 🍳 Chicago-based smart meal delivery service Tovala closed a $30M series C funding round. The firm sells a smart countertop oven and has a subscription service providing more than 400 chef-crafted ‘self-cooking’ meals, which simply have to be scanned, placed in the oven to be heated and voilà! The service is designed to tackle customer retention, which is a constant challenge for meal subscription services.
  • 🍗 Israel’s Future Meat Technologies raised $26.75M this week, and announced it had reduced production costs for a quarter of a pound of its cultivated chicken to $7.50, a price decrease of 1000-fold in just a few years, meaning that cell-based meat could soon be commercially viable.
Source: Israeli startup Future Meat Technologies


  • 💻 Saudi Arabian restaurant management software firm FOODICS closed a $20M series B funding round, to accelerate international presence of its platform, which has already processed more than one billion orders.
  • 🍽 Restaurant tech firm Brightloom raised $15M to increase R&D and scale its new product, a ‘Customer Growth Platform’ which will enable smaller restaurants to get more valuable insights out of their customer data and translate those insights into marketing campaigns more relevant to customers.
  • 🌽 Healthy snack firm Peatos raised a $12.5M series B funding round led by Post Holdings. The brand makes healthy versions of popular snacks, formulated with peas and lentils instead of corn, and plans to disrupt the “$21Bn junk snack market”.
  • 🛍 Rosie closed $10M series A funding, having seen a 900% increase in stores signing up for its online marketplace platform for local retailers through 2020. 
  • 🌾 US indoor farming company Gardyn secured $10M series A funding to accelerate the North American expansion of its consumer-grade vertical farm, which can grow up to 30 plants at once and easily fits inside a small apartment.
Source: Indoor Vertical Farm Gardyn
  • ⚕ Frontier Nutrition, which manufactures and markets affordable fortified snacks in Bangladesh, raised $6M series B funding to fund its expansion plans. The company’s products provide a unique solution to address malnutrition among mothers and children in the country, and are tailored to Bangladeshi palates.
  • 🥘 Canadian home-delivered meal firm WeCook, which offers ready-to-eat meals across Quebec and Ontario, secured CAD 7M ($5.5M) to accelerate its growth plans.
  • 🥖 French platform for catering professionals and their suppliers, Supli, raised €2M in funding. It will use the funds to further develop its technology, which simplifies order management and communication between restaurateurs and their suppliers, to support the recovery of the catering market.
  • 🍔 UK plant-based meat alternatives startup Jack & Bry raised €1.4M seed funding, to accelerate its plans to launch its jackfruit-based products into more outlets in the UK.
  • 📦 Australian online marketplace for home-cooked meals, FoodSt, started by former chef Lorraine Gnanadickam, raised a $500k funding round led by former Afterpay boss David Hancock. The startup plans to use the funds to expand its home-cooked meal delivery service across Australia.

Mergers & Acquisitions:

  • 🚖 Uber Technologies is purchasing alcohol delivery service Drizly for $1.1Bn in stock and cash, as at-home alcohol consumption continues to grow due to pandemic-related restrictions on bars, restaurants and nightclubs.
  • 🍝 Barilla is acquiring Ebro Foods’ Catelli dry pasta business in Canada for CAD 165M ($128.6M), as part of its North American expansion.
  • 🧫 TurtleTree Scientific has announced a strategic partnership with US biotech Dyadic to develop a range of recombinant proteins growth factors which can be manufactured in bioreactors at high yields and relatively lower cost.
  • 🥓 Meat snack producer Stryve Foods is merging with Andina Acquisition Corp. III, in a move that will see the combined business become a publicly-listed company valued at $170M.
  • 🌯 Hormel Foods Corp is working on closing a deal to buy the Planters snack brand from Kraft Heinz Co for $3Bn, which would give it an even bigger presence in the protein space.

New in Funding

  • 🍷 The world’s largest e-commerce platform for wine, Vivino, raised $155M in new funding after seeing 103% growth year on year in 2020. Its app gives Netfllix-style suggestions to consumers of wines to try, based on their preferences.
  • 🥚 Online grocer Good Eggs raised $100M new funding, bringing its total amount raised to $170M. The firm, which currently only operates in the San Francisco Bay Area, saw huge growth through 2020 and plans to use the funds to further expand its operations.
  • 🛒 Chinese farm-to-factory cold chain platform Xianshenghuo closed a $92.9M series A funding round, which comes at a time of a major growth spurt in China’s e-grocery sector. The startup currently services around 500 million shoppers in large and medium-sized cities across China, and plans to expand its operations even further. 
Source: Xianshenghuo Cold Chain Logistics


  • 🧬 Pairwise secured $90M series B funding to further development of its CRISPR technology platform, which enhances fruits and vegetables through creating food that is more disease resistant and tastes better, as well as saving crops that might be at risk due to climate change.
  • 🍳 Chicago-based smart meal delivery service Tovala closed a $30M series C funding round. The firm sells a smart countertop oven and has a subscription service providing more than 400 chef-crafted ‘self-cooking’ meals, which simply have to be scanned, placed in the oven to be heated and voilà! The service is designed to tackle customer retention, which is a constant challenge for meal subscription services.
  • 🍗 Israel’s Future Meat Technologies raised $26.75M this week, and announced it had reduced production costs for a quarter of a pound of its cultivated chicken to $7.50, a price decrease of 1000-fold in just a few years, meaning that cell-based meat could soon be commercially viable.
Source: Israeli startup Future Meat Technologies


  • 💻 Saudi Arabian restaurant management software firm FOODICS closed a $20M series B funding round, to accelerate international presence of its platform, which has already processed more than one billion orders.
  • 🍽 Restaurant tech firm Brightloom raised $15M to increase R&D and scale its new product, a ‘Customer Growth Platform’ which will enable smaller restaurants to get more valuable insights out of their customer data and translate those insights into marketing campaigns more relevant to customers.
  • 🌽 Healthy snack firm Peatos raised a $12.5M series B funding round led by Post Holdings. The brand makes healthy versions of popular snacks, formulated with peas and lentils instead of corn, and plans to disrupt the “$21Bn junk snack market”.
  • 🛍 Rosie closed $10M series A funding, having seen a 900% increase in stores signing up for its online marketplace platform for local retailers through 2020. 
  • 🌾 US indoor farming company Gardyn secured $10M series A funding to accelerate the North American expansion of its consumer-grade vertical farm, which can grow up to 30 plants at once and easily fits inside a small apartment.
Source: Indoor Vertical Farm Gardyn
  • ⚕ Frontier Nutrition, which manufactures and markets affordable fortified snacks in Bangladesh, raised $6M series B funding to fund its expansion plans. The company’s products provide a unique solution to address malnutrition among mothers and children in the country, and are tailored to Bangladeshi palates.
  • 🥘 Canadian home-delivered meal firm WeCook, which offers ready-to-eat meals across Quebec and Ontario, secured CAD 7M ($5.5M) to accelerate its growth plans.
  • 🥖 French platform for catering professionals and their suppliers, Supli, raised €2M in funding. It will use the funds to further develop its technology, which simplifies order management and communication between restaurateurs and their suppliers, to support the recovery of the catering market.
  • 🍔 UK plant-based meat alternatives startup Jack & Bry raised €1.4M seed funding, to accelerate its plans to launch its jackfruit-based products into more outlets in the UK.
  • 📦 Australian online marketplace for home-cooked meals, FoodSt, started by former chef Lorraine Gnanadickam, raised a $500k funding round led by former Afterpay boss David Hancock. The startup plans to use the funds to expand its home-cooked meal delivery service across Australia.

Mergers & Acquisitions:

  • 🚖 Uber Technologies is purchasing alcohol delivery service Drizly for $1.1Bn in stock and cash, as at-home alcohol consumption continues to grow due to pandemic-related restrictions on bars, restaurants and nightclubs.
  • 🍝 Barilla is acquiring Ebro Foods’ Catelli dry pasta business in Canada for CAD 165M ($128.6M), as part of its North American expansion.
  • 🧫 TurtleTree Scientific has announced a strategic partnership with US biotech Dyadic to develop a range of recombinant proteins growth factors which can be manufactured in bioreactors at high yields and relatively lower cost.
  • 🥓 Meat snack producer Stryve Foods is merging with Andina Acquisition Corp. III, in a move that will see the combined business become a publicly-listed company valued at $170M.
  • 🌯 Hormel Foods Corp is working on closing a deal to buy the Planters snack brand from Kraft Heinz Co for $3Bn, which would give it an even bigger presence in the protein space.