New in Funding: Swedish e-shop startup Budbee raises €52M and italian grocery Cortilia secure €34M to expand as a B-Corp.

New in Funding: Swedish e-shop startup Budbee raises €52M and italian grocery Cortilia secure €34M to expand as a B-Corp.

By
Nicola Spalding
January 15, 2021

New in Funding

  • 🚛 Swedish last mile delivery Startup Budbee raised €52M, having seen a surge in demand through 2020 in the pandemic-related ecommerce boom. The brand is pushing its sustainable credentials, and is aiming to carry out 100% of deliveries fossil-free in 2022.
Sweden Startup BudBee


  • 🛒 Italian online grocery delivery startup Cortilia secured €34M series C funding to fuel its expansion as a sustainable B-Corp, having seen a turnover of €33M in 2020, a 175% increase year-on-year.
  • 🍦 Swedish tech Nick’s raised $30M, its largest investment round to date, to fund the global expansion of its sugar free snacks and ice creams. Its ice cream, in particular, contains 70% less sugar than market leading brands, which should help to combat the upward trend for diet-induced diabetes.

    Check out our podcast episode with Nick's founder.

  • 🍛 New York-based meal subscription service CookUnity raised $15.5M series A funding to expand its operation across North America. Billed as a ‘chef to consumer platform’, it offers users a weekly menu of meals made by local chefs, from those just starting out to those with Michelin stars.
New-York based CookUnity


  • 📦 Uk-based grocery delivery app Weezy, which offers local deliveries in just 15 minutes, secured £14.6M series A funding to fuel its expansion in London and across the UK further to booming pandemic-related demand.
  • 🐷 Outstanding Foods closed a $10M series A funding round to expand its retail presence and accelerate its new product development within its portfolio of plant-based pork snacks.
  • 🌱 Food and nutrition-focused Qualitas Health raised $10M to pursue global expansion of its plant-based protein and omega-3 products, made from cultivated algae.
Qualitas Health algae farms in Texas and New Mexico pristine desert


  • 🥤Consumer health and food tech brand Muniq closed 8.2M series A funding to further development of its gut-health focused nutritional shakes which are designed with a ‘food as medicine’ approach.
  • 🏃Personalised sports nutrition subscription firm Gainful raised $7.5M to ramp up its tailored program of protein powders and hydration products, which it recommends to consumers based on their answers to a quiz upon signup to the service.
  • 🥛 The Modern Milkman, a plastic-free online milk delivery startup in the UK, just scored £5M to expand operations of its impact-driven mission to reduce the use of disposable plastic packaging in the UK.
  • 🌱 California-based Cie closed $5M seed funding for its startup Longève Brands, which makes clean label shelf-stable plant proteins, to accelerate its DTC platform, move into retail and food service, and launch new products.
  • 🧃 Beverage tech company Bkon raised $3M to support its commercialisation efforts in North America and internationally of its patented extraction process for beverage production.
  • 🐕 London-based plant-based pet food startup The Pack closed a pre-seed investment round backed by celebrities and influencers, and revealed its plans to disrupt the pet food industry with its plant-based dog food.


Mergers & Acquisitions:

  • 🍲 Meal kit subscription service HelloFresh is acquiring ready-to-eat meal company Factor75, Inc. in a deal worth $277M, as part of its growth plan in the US to strengthen its leading position and expand its total market.
  • ❄️UK-based Nomad Foods has entered into exclusive negotiations with Fortenova Group to acquire its frozen food portfolio, in order to extend its business in developing European markets.
  • 🍁 Maple Leaf announced its plans to build a $100M food processing plant in Indianapolis, for the production of Lightlife tempeh products, driven by growing consumer demand.
  • 🚛 Utz Brands is acquiring Chicago snack brand Vitner’s for $25M, to capitalise on its distribution routes and help grow its brands in the Midwest.
  • 🧀 Canadian plant-based meat producer The Very Good Butcher is moving into the dairy-free sector through an agreed acquisition of vegan cheese brand The Cultured Nut, having sold its products in its retail and online stores with excellent results.
  • 🥥 Coca Cola is selling its Zico Coconut Water brand to private equity investor Mark Rampolla, who is optimistic about the brand’s fate despite the decline in popularity and sales of coconut water over the past couple of years.
  • 🐟 Netherlands-based plant-based seafood startup Novish has investment from Kharis Capital’s QSR Platform, which controls 1000 restaurants under the Burger King, Quick, O’Tacos and Nordsee brands (full article behind a paywall).

Become a FoodHack+ member to get unlimited access

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

New in Funding

  • 🚛 Swedish last mile delivery Startup Budbee raised €52M, having seen a surge in demand through 2020 in the pandemic-related ecommerce boom. The brand is pushing its sustainable credentials, and is aiming to carry out 100% of deliveries fossil-free in 2022.
Sweden Startup BudBee


  • 🛒 Italian online grocery delivery startup Cortilia secured €34M series C funding to fuel its expansion as a sustainable B-Corp, having seen a turnover of €33M in 2020, a 175% increase year-on-year.
  • 🍦 Swedish tech Nick’s raised $30M, its largest investment round to date, to fund the global expansion of its sugar free snacks and ice creams. Its ice cream, in particular, contains 70% less sugar than market leading brands, which should help to combat the upward trend for diet-induced diabetes.

    Check out our podcast episode with Nick's founder.

  • 🍛 New York-based meal subscription service CookUnity raised $15.5M series A funding to expand its operation across North America. Billed as a ‘chef to consumer platform’, it offers users a weekly menu of meals made by local chefs, from those just starting out to those with Michelin stars.
New-York based CookUnity


  • 📦 Uk-based grocery delivery app Weezy, which offers local deliveries in just 15 minutes, secured £14.6M series A funding to fuel its expansion in London and across the UK further to booming pandemic-related demand.
  • 🐷 Outstanding Foods closed a $10M series A funding round to expand its retail presence and accelerate its new product development within its portfolio of plant-based pork snacks.
  • 🌱 Food and nutrition-focused Qualitas Health raised $10M to pursue global expansion of its plant-based protein and omega-3 products, made from cultivated algae.
Qualitas Health algae farms in Texas and New Mexico pristine desert


  • 🥤Consumer health and food tech brand Muniq closed 8.2M series A funding to further development of its gut-health focused nutritional shakes which are designed with a ‘food as medicine’ approach.
  • 🏃Personalised sports nutrition subscription firm Gainful raised $7.5M to ramp up its tailored program of protein powders and hydration products, which it recommends to consumers based on their answers to a quiz upon signup to the service.
  • 🥛 The Modern Milkman, a plastic-free online milk delivery startup in the UK, just scored £5M to expand operations of its impact-driven mission to reduce the use of disposable plastic packaging in the UK.
  • 🌱 California-based Cie closed $5M seed funding for its startup Longève Brands, which makes clean label shelf-stable plant proteins, to accelerate its DTC platform, move into retail and food service, and launch new products.
  • 🧃 Beverage tech company Bkon raised $3M to support its commercialisation efforts in North America and internationally of its patented extraction process for beverage production.
  • 🐕 London-based plant-based pet food startup The Pack closed a pre-seed investment round backed by celebrities and influencers, and revealed its plans to disrupt the pet food industry with its plant-based dog food.


Mergers & Acquisitions:

  • 🍲 Meal kit subscription service HelloFresh is acquiring ready-to-eat meal company Factor75, Inc. in a deal worth $277M, as part of its growth plan in the US to strengthen its leading position and expand its total market.
  • ❄️UK-based Nomad Foods has entered into exclusive negotiations with Fortenova Group to acquire its frozen food portfolio, in order to extend its business in developing European markets.
  • 🍁 Maple Leaf announced its plans to build a $100M food processing plant in Indianapolis, for the production of Lightlife tempeh products, driven by growing consumer demand.
  • 🚛 Utz Brands is acquiring Chicago snack brand Vitner’s for $25M, to capitalise on its distribution routes and help grow its brands in the Midwest.
  • 🧀 Canadian plant-based meat producer The Very Good Butcher is moving into the dairy-free sector through an agreed acquisition of vegan cheese brand The Cultured Nut, having sold its products in its retail and online stores with excellent results.
  • 🥥 Coca Cola is selling its Zico Coconut Water brand to private equity investor Mark Rampolla, who is optimistic about the brand’s fate despite the decline in popularity and sales of coconut water over the past couple of years.
  • 🐟 Netherlands-based plant-based seafood startup Novish has investment from Kharis Capital’s QSR Platform, which controls 1000 restaurants under the Burger King, Quick, O’Tacos and Nordsee brands (full article behind a paywall).

Become a FoodHack+ member to get unlimited access

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

New in Funding

  • 🚛 Swedish last mile delivery Startup Budbee raised €52M, having seen a surge in demand through 2020 in the pandemic-related ecommerce boom. The brand is pushing its sustainable credentials, and is aiming to carry out 100% of deliveries fossil-free in 2022.
Sweden Startup BudBee


  • 🛒 Italian online grocery delivery startup Cortilia secured €34M series C funding to fuel its expansion as a sustainable B-Corp, having seen a turnover of €33M in 2020, a 175% increase year-on-year.
  • 🍦 Swedish tech Nick’s raised $30M, its largest investment round to date, to fund the global expansion of its sugar free snacks and ice creams. Its ice cream, in particular, contains 70% less sugar than market leading brands, which should help to combat the upward trend for diet-induced diabetes.

    Check out our podcast episode with Nick's founder.

  • 🍛 New York-based meal subscription service CookUnity raised $15.5M series A funding to expand its operation across North America. Billed as a ‘chef to consumer platform’, it offers users a weekly menu of meals made by local chefs, from those just starting out to those with Michelin stars.
New-York based CookUnity


  • 📦 Uk-based grocery delivery app Weezy, which offers local deliveries in just 15 minutes, secured £14.6M series A funding to fuel its expansion in London and across the UK further to booming pandemic-related demand.
  • 🐷 Outstanding Foods closed a $10M series A funding round to expand its retail presence and accelerate its new product development within its portfolio of plant-based pork snacks.
  • 🌱 Food and nutrition-focused Qualitas Health raised $10M to pursue global expansion of its plant-based protein and omega-3 products, made from cultivated algae.
Qualitas Health algae farms in Texas and New Mexico pristine desert


  • 🥤Consumer health and food tech brand Muniq closed 8.2M series A funding to further development of its gut-health focused nutritional shakes which are designed with a ‘food as medicine’ approach.
  • 🏃Personalised sports nutrition subscription firm Gainful raised $7.5M to ramp up its tailored program of protein powders and hydration products, which it recommends to consumers based on their answers to a quiz upon signup to the service.
  • 🥛 The Modern Milkman, a plastic-free online milk delivery startup in the UK, just scored £5M to expand operations of its impact-driven mission to reduce the use of disposable plastic packaging in the UK.
  • 🌱 California-based Cie closed $5M seed funding for its startup Longève Brands, which makes clean label shelf-stable plant proteins, to accelerate its DTC platform, move into retail and food service, and launch new products.
  • 🧃 Beverage tech company Bkon raised $3M to support its commercialisation efforts in North America and internationally of its patented extraction process for beverage production.
  • 🐕 London-based plant-based pet food startup The Pack closed a pre-seed investment round backed by celebrities and influencers, and revealed its plans to disrupt the pet food industry with its plant-based dog food.


Mergers & Acquisitions:

  • 🍲 Meal kit subscription service HelloFresh is acquiring ready-to-eat meal company Factor75, Inc. in a deal worth $277M, as part of its growth plan in the US to strengthen its leading position and expand its total market.
  • ❄️UK-based Nomad Foods has entered into exclusive negotiations with Fortenova Group to acquire its frozen food portfolio, in order to extend its business in developing European markets.
  • 🍁 Maple Leaf announced its plans to build a $100M food processing plant in Indianapolis, for the production of Lightlife tempeh products, driven by growing consumer demand.
  • 🚛 Utz Brands is acquiring Chicago snack brand Vitner’s for $25M, to capitalise on its distribution routes and help grow its brands in the Midwest.
  • 🧀 Canadian plant-based meat producer The Very Good Butcher is moving into the dairy-free sector through an agreed acquisition of vegan cheese brand The Cultured Nut, having sold its products in its retail and online stores with excellent results.
  • 🥥 Coca Cola is selling its Zico Coconut Water brand to private equity investor Mark Rampolla, who is optimistic about the brand’s fate despite the decline in popularity and sales of coconut water over the past couple of years.
  • 🐟 Netherlands-based plant-based seafood startup Novish has investment from Kharis Capital’s QSR Platform, which controls 1000 restaurants under the Burger King, Quick, O’Tacos and Nordsee brands (full article behind a paywall).

New in Funding

  • 🚛 Swedish last mile delivery Startup Budbee raised €52M, having seen a surge in demand through 2020 in the pandemic-related ecommerce boom. The brand is pushing its sustainable credentials, and is aiming to carry out 100% of deliveries fossil-free in 2022.
Sweden Startup BudBee


  • 🛒 Italian online grocery delivery startup Cortilia secured €34M series C funding to fuel its expansion as a sustainable B-Corp, having seen a turnover of €33M in 2020, a 175% increase year-on-year.
  • 🍦 Swedish tech Nick’s raised $30M, its largest investment round to date, to fund the global expansion of its sugar free snacks and ice creams. Its ice cream, in particular, contains 70% less sugar than market leading brands, which should help to combat the upward trend for diet-induced diabetes.

    Check out our podcast episode with Nick's founder.

  • 🍛 New York-based meal subscription service CookUnity raised $15.5M series A funding to expand its operation across North America. Billed as a ‘chef to consumer platform’, it offers users a weekly menu of meals made by local chefs, from those just starting out to those with Michelin stars.
New-York based CookUnity


  • 📦 Uk-based grocery delivery app Weezy, which offers local deliveries in just 15 minutes, secured £14.6M series A funding to fuel its expansion in London and across the UK further to booming pandemic-related demand.
  • 🐷 Outstanding Foods closed a $10M series A funding round to expand its retail presence and accelerate its new product development within its portfolio of plant-based pork snacks.
  • 🌱 Food and nutrition-focused Qualitas Health raised $10M to pursue global expansion of its plant-based protein and omega-3 products, made from cultivated algae.
Qualitas Health algae farms in Texas and New Mexico pristine desert


  • 🥤Consumer health and food tech brand Muniq closed 8.2M series A funding to further development of its gut-health focused nutritional shakes which are designed with a ‘food as medicine’ approach.
  • 🏃Personalised sports nutrition subscription firm Gainful raised $7.5M to ramp up its tailored program of protein powders and hydration products, which it recommends to consumers based on their answers to a quiz upon signup to the service.
  • 🥛 The Modern Milkman, a plastic-free online milk delivery startup in the UK, just scored £5M to expand operations of its impact-driven mission to reduce the use of disposable plastic packaging in the UK.
  • 🌱 California-based Cie closed $5M seed funding for its startup Longève Brands, which makes clean label shelf-stable plant proteins, to accelerate its DTC platform, move into retail and food service, and launch new products.
  • 🧃 Beverage tech company Bkon raised $3M to support its commercialisation efforts in North America and internationally of its patented extraction process for beverage production.
  • 🐕 London-based plant-based pet food startup The Pack closed a pre-seed investment round backed by celebrities and influencers, and revealed its plans to disrupt the pet food industry with its plant-based dog food.


Mergers & Acquisitions:

  • 🍲 Meal kit subscription service HelloFresh is acquiring ready-to-eat meal company Factor75, Inc. in a deal worth $277M, as part of its growth plan in the US to strengthen its leading position and expand its total market.
  • ❄️UK-based Nomad Foods has entered into exclusive negotiations with Fortenova Group to acquire its frozen food portfolio, in order to extend its business in developing European markets.
  • 🍁 Maple Leaf announced its plans to build a $100M food processing plant in Indianapolis, for the production of Lightlife tempeh products, driven by growing consumer demand.
  • 🚛 Utz Brands is acquiring Chicago snack brand Vitner’s for $25M, to capitalise on its distribution routes and help grow its brands in the Midwest.
  • 🧀 Canadian plant-based meat producer The Very Good Butcher is moving into the dairy-free sector through an agreed acquisition of vegan cheese brand The Cultured Nut, having sold its products in its retail and online stores with excellent results.
  • 🥥 Coca Cola is selling its Zico Coconut Water brand to private equity investor Mark Rampolla, who is optimistic about the brand’s fate despite the decline in popularity and sales of coconut water over the past couple of years.
  • 🐟 Netherlands-based plant-based seafood startup Novish has investment from Kharis Capital’s QSR Platform, which controls 1000 restaurants under the Burger King, Quick, O’Tacos and Nordsee brands (full article behind a paywall).