Category: Future of Grocery
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Online grocer Good Eggs announced today that it has raised $100 million in new funding. The round was led by Glade Brook Capital Partners with participation from GV, Tao Invest, Finistere Ventures, and Rich’s, as well as existing investors Benchmark Partners, Index Ventures, S2G, DNS Capital, and Obvious Ventures. This brings the total amount raised…
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When the pandemic hit, I shifted just about all of my grocery shopping online, including my proteins like chicken and fish. I still buy my fish online, getting frozen fillets delivered to my door each month. But E-Fish, a startup that launched around the time the pandemic hit last year, says it can do one…
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Walmart announced today that it is ramping up its use of automated centers to fulfill online grocery orders. The company said it is already planning “dozens” of locations with “many more to come.” Automated fulfillment centers use robotics to assemble items for incoming orders. The result is a faster turnaround for customer delivery or pickup.…
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Sunbasket, best known for its meal-kit subscription service, announced today it is broadening its product line and evolving to become “a full-service food delivery company.” The newly revamped service will offer a range of different food items to consumers, from full meals to snacks and pantry staples. Reaching more potential customers, including those who need…
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Kroger announced on Friday that it will build out its next automated customer fulfillment center (CFC) in Phoenix, AZ. This marks Kroger’s first robot-powered warehouse in the U.S. Southwest region. These CFCs use robotic technology from UK grocery Ocado (which Kroger is an investor in). Online orders are assembled automatically inside the center through a…
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Grocery fulfillment service, Instacart, announced this week it is expanding curbside pickup options for its retail partners. Instacart currently provides curbside pickup services for more than 60 retailers, including ALDI, Food Lion, Publix, and starting this week, three Costcos in New Mexico. Instacart’s curbside pickup is available in more than 3,300 stores across 30 states…
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Imperfect Foods, a national online grocer that specializes in selling surplus and cosmetically “imperfect” foods, announced today that it has raised a $95 million Series D round of funding. The round was led by Insight Partners and brings Imperfect’s total amount of funding to $214.1 million. Imperfect Foods (formerly Imperfect Produce) aims to reduce waste…
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Stor.AI (formerly Self Point), which makes digital commerce software for grocery stores, announced a new feature this week that allows stores of any size to accept online payment for Supplemental Nutrition Assistant Program (SNAP) participants. The new capability allows stores to accept payments through Electronic Benefits Transfer (EBT) payment cards, split payments across multiple methods,…
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With the news last week that grocery giant, Kroger is using Caper’s technology, smart shopping carts are now officially a thing to watch out for. Winsight Grocery Business broke the news last week that Kroger has quietly started testing its new “KroGo Powered by Caper” smart shopping carts at a store in Kroger’s hometown of…
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Barcelona, Spain-based food delivery service Glovo has inked a deal with Switzerland-based real estate firm Stoneweg. The latter will invest €100 million (~$121 million USD) to help Glovo expand its network of ghost convenience stores. As part of the deal, Glovo will occupy the Stoneweg real estate locations for an unspecified period of time. Stoneweg will…
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Let’s just get this out of the way. Imagr is not Imagur. Imagr is a New Zealand-based startup angling to bring its smart cart, cashierless shopping solution to grocery, convenience and other stores across the Asia Pacific region. Imagur is an online library of cute/funny gifs. Since we are a publication covering the future of…
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UK-based speedy grocery delivery service Weezy has raised a $20 million Series A round of funding. TechCrunch was first to report the news, writing that the round was led by New York-based Left Lane Capital, with participation from DN Capital, existing investors Heartcore Capital and angel investors. Today’s funding announcement follows a $1 million pre-Seed…
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