Category: Grocery
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If you’ve ever had a good experience with an Uber driver, DoorDash delivery person, or pretty much any other gig worker, you instantly wish you could get them the next time you pick up the app. Today Shipt announced it was going to let you do just that (kind of). Shipt, a wholly-owned subsidiary of…
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Last week the Financial Times reported that third-party delivery giant DoorDash was in talks to buy a stake in German speedy grocery delivery startup Gorillas. While there weren’t a ton of details, such as how big any such stake would be, a follow-up story from Axios said the deal could give DoorDash the option to…
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DoorDash this week launched a new feature, DoubleDash, that lets users bundle items from different businesses like convenience stores together into a single transaction. DoorDash customers can add c-store items to their original restaurant order and checkout with a single transaction and no extra delivery fees, according to a company blog post. DoubleDash is currently…
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When it comes to fighting food waste, every little bit helps. So while the new partnership between speedy delivery grocery service JOKR and food rescue app Too Good To Go may only impact a small geographic area, it will perhaps inspire others to make a big impact. JOKR, which launched in New York City this…
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Kitchen United (KU) will expand its ghost kitchen network to include Kroger locations thanks to a just-announced partnership between KU and the grocery retailer. KU kitchens will be located at various Kroger locations, the first of these being at a Ralphs in Los Angeles slated to open this fall. Participating Kroger stores will house a…
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Bolt, an Uber-like rideshare company based in Estonia, has raised €600 million (~$713M USD) to branch out into grocery delivery, CNBC reported today. New investors in the round include Sequoia and fund managers Tekne and Ghisallo, along with existing investors G Squared, D1 Capital and Naya. With its new funding, Bolt is now valued at…
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“We continue to see the pandemic act as a catalyzing agent to accelerate trends that were in motion before it began. We believe that food and agriculture has undergone significant structural changes that will alter the course of the industry.” So says a new report from S2G Ventures, a VC firm based in Chicago, Illinois.…
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Gopuff announced today that it has raised another $1 billion in funding, confirming reports from last week of just such a round. New investors Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, MSD Partners, and Adage Capital joined with existing investors Fidelity Management and Research Company, Softbank Vision Fund 1, Atreides Management, and Eldridge in the round.…
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The startup 1520 got its name from its value proposition — to deliver grocery orders to customers in 15 to 20 minutes. The company is not alone in that mission, especially in its hometown of New York City, where a number of fast grocery delivery services have launched this year. Two of those services have…
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In addition to delivering groceries fast, Gopuff is pretty speedy when it comes to raising big sums of money. Bloomberg and Axios both reported yesterday that Gopuff is raising an additional $1 billion in funding, according to sources familiar with the matter. This new money comes just months after Gopuff raised $1.5 billion in March,…
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Instacart announced today a new multi-year partnership with Fabric that will see the two companies jointly offer automated order fulfillment services to North American grocery retailers. The new automated fulfillment option will combine Instacart’s e-commerce ordering capabilities and human shoppers with Fabric’s robot-powered item-assembly process. Retailers can outfit this new system inside existing retail spaces…
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JOKR is the latest speedy grocery delivery startup to have raised a nine-figure round of funding. The company announced today that it has raised a $170 million a Series A round led by GGV Capital, Balderton Capital and Tiger Global Management. Activant Capital, Greycrot, FJ Labs, Kaszek, Monashees and HV Capital also participated. Like other…
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