Category: Future of Grocery
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Cashierless checkout startup Grabango announced today that it has raised a $39 million Series B round of funding. The round was led by Commerce Ventures with participation from Founders Fund, Unilever Ventures, Honeywell Ventures, and WIND Ventures. This brings the total amount of funding raised by the company to $71.2 million. Grabango retrofits stores with…
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Hungryroot, which uses artificial intelligence (AI) to power its personalized online grocery service, announced today that it has raised a $40 million Series C round of funding led by the Growth Fund of L Catterton. This brings the total amount of funding raised by Hungryroot to $75.4 million. Hungryroot is a little different from other…
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Just when you thought investment in the European grocery delivery space couldn’t get any frothier, both Flink and Getir announced massive rounds of new funding today. Germany-based Flink raised a $240 million Series A round, while Turkey’s Getir announced that it has raised $550 million. Both companies operate dark stores that are set up in…
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We are just about halfway through the year and the emerging food tech trend so far in 2021 is definitely fast grocery delivery from dark stores. New York City, which already has Fridge No More and Gorillas, can now add JOKR, which launched today, to its roster of super fast on-demand grocery delivery service. JOKR’s…
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According to a story out in Bloomberg today, Instacart is looking to create automated fulfillment centers, which would use robots to assemble grocery orders. These fulfillment centers would either be standalone or attached to an existing grocery store. From the Bloomberg story: Under one proposal, Instacart would create a network of stand-alone fulfillment centers that…
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Add Food Rocket to the growing list of companies offering speedy, on-demand grocery delivery. The startup, which has launched its service in San Francisco, announced today that it has raised $2 million in funding from AltaIR Capital, Baring Vostok fund and AngelsDeck group of business angels. Food Rocket is similar to other upstart on-demand grocery…
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Instacart announced today that it is rolling out 30-minute grocery delivery in 15 of its markets across the U.S. through a number of its retail partners. The launch is part of a new “Priority Delivery” service that will also include 45 and 60 minute delivery for more customers in more cities nationwide. The move towards…
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Farmer’s Fridge announced this week that its jars of salad are now on sale at Jewel-Osco stores in the Chicago, Illinois area. The news caught my eye because Farmer’s Fridge has up to know been most known for selling those fresh jars of salad through vending machines throughout the Midwest. But the pandemic hit Farmer’s…
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For retailers looking to explore cashierless checkout, there are two big models emerging: retrofit the store with cameras and computer vision, or retrofit the shopping carts with smaller versions of that same tech. Tel Aviv, Israel-based WalkOut falls into the latter category. It provides retailers with kits that not only transform existing shopping carts into…
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Flytrex, a Tel Aviv, Israel-based drone delivery startup, announced today that it will be expanding its service in Fayetteville, North Carolina, after receiving approval from the Federal Aviation Administration (FAA). According to a press release sent to The Spoon, the FAA granted a waiver to Flytrex that allows the company to operate its drones above…
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Germany-based Gorillas is launching its speedy grocery delivery service here in the U.S. on May 30. The service will provide on-demand delivery of groceries in 10 minutes or less in New York City, starting in Bushwick, parts of Williamsburg, Downtown Brooklyn, Cobble Hill and Boerum Hill. Gorillas is part of a new wave of dark,…
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One question looming over U.S. grocery retailers is how many of their customers who were pushed into online shopping last year will continue to do so after the pandemic recedes. Thanks to new data released from Coresight Research this week, we are starting to get an answer. According to US Online Grocery Survey 2021: Post-Surge…
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