Category: Future of Grocery
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Google and Albertsons announced a wide-ranging, multi-year partnership today that will see a range of high-tech features added to consumer grocery shopping across more than 2,200 Albertsons stores. According to the press release, Albertsons has been working with a number of different teams across Google over the past year. In a corporate blog post, also…
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Turkish on-demand grocery delivery startup Getir announced on Friday that it had raised a $300 million Series C round of funding. The new round was led by Sequoia Capital and existing investor Tiger Global, and comes just months after Getir finalized a $128 million Series B investment round. The company has raised $470 million to…
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Gorillas, which operates a chain of dark grocery stores that offer fast delivery, has raised a $290 million Series B round of funding, according to TechCrunch. The round was led by Coatue Management, DST Global, and Tencent, with Green Oaks, Fifth Wall, Dragoneer, and Atlantic Food Labs also participated. Gorillas raised a $44 million Series…
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iFoodDs, a startup that provides fresh food supply chain management software, announced today that it has raised a $15 million Series A round of funding led by Insight Partners. Based in Seattle, Washington, iFoodDS has developed a cloud-based system to give retailers, foodservice chains, processors, shippers, packers and growers more visibility into the fresh food…
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GoPuff, the service that delivers food and other goods in under a half hour any time of day, announced today that it has raised $1.5 billion in new funding. Investors in the round include D1 Capital Partners, Fidelity Management and Research Company, Baillie Gifford, Eldridge, Reinvent Capital, Luxor Capital and SoftBank Vision Fund 1. This…
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New Zealand-based startup, Imagr announced today that it is expanding its cashierless checkout services into Europe and opening an office in Amsterdam, The Netherlands next month. Imagr is part of a rising cohort of cashierless checkout startups that create more automated retail experiences for shoppers. Imagr’s particular solution uses smart baskets and shopping carts equipped…
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Weee!, an online grocer with a focus on Asian and Hispanic communities, announced today that it has raised a $315 million Series D round of funding. The round was led by existing investor DST Global, with participation from new investors including funds managed by Blackstone, Arena Holdings, and Tiger Global. Weee! has raised more than…
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Jiffy, a new superfast grocery delivery service, announced today that it has raised £2.6 million ($3.6 million USD) in Seed funding. The round was led by LVL1 Group, with participation from AddVenture, TA Ventures, Vladimir Kholiaznikov, and angel investors Oskar Hartmann, Alexander Nevinskiy and Dominique Locher. Jiffy’s hyperlocal stores will carry roughly 2,000 SKUs and…
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Online grocery sales fell to $8 billion in February, dropping 14 percent from January’s $9.3 billion, according to new data released today from the latest Brick Meets Click/Mercatus Grocery Shopping Survey. Brick Meets Click said the biggest factor in February’s decline was that fewer households bought groceries online. Monthly active users fell to 60.1 million…
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Fifteen minutes is the new hour, or so it seems in the grocery delivery game. New York City startup Fridge No More announced today that it has closed a $15.4 million Series A round of funding. The round was led by Insight Partners with participation from existing investors including Altair Capital. Fridge No More operates…
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Stor.ai (formerly Self Point), announced today that it has raised $21 million in an extended Series A round of funding. The round was led by Meitav Dash and Mizrahi Tefahot, with participation from Kli Capital. The Tel Aviv, Israel-based Stor.ai offers a suite of tools that help grocers of any size deploy their own online…
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Online grocer Imperfect Foods announced today its pledge to become a net-zero carbon operation by 2030. Via a press release sent to The Spoon, the company claims this timeline is 10 years ahead of most major retailers and 20 years ahead of the Paris Agreement Deadline. Imperfect began as a service that rescued surplus fruits…
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