Category: Grocery
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Halla, the AI-powered production recommendation service for grocery retail, announced today that it has raised $4.5 million in Series A1 funding, led by Food Retail Ventures. This brings the total amount raised by Halla to $8.5 million. Halla’s platform integrates with a grocer’s existing digital commerce solution to provide customized product recommendations and substitutions for…
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Uber’s grocery delivery service is now available in more than 400 cities across the U.S., according to an announcement sent to The Spoon. The company has also added Albertsons retail brands to its delivery platform. The move marks a big jump for Uber, which started its grocery delivery business in the U.S. a little more…
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For grocery stores, measuring demand and managing orders for fresh foods can be a maddeningly difficult task that more often than not ends in lots of unused food getting thrown out. After all, bananas have a much shorter shelf life than, say, a bag of rice, and a lot of existing supply-chain technologies and processes…
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The sudden proliferation of speedy grocery delivery startups like San Francisco’s Food Rocket has been one of the bigger food tech stories of 2021. But for Vitaly Alexandrov, Co-Founder, and CEO of Food Rocket, fast grocery delivery is just a step to a much larger play. “In a year or two years, it will be…
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For workers who spend their days moving heavy things, the refrain “lift with your legs and not with your back,” could soon become “lift with your legs while wearing the high-tech exosuit.” Verve Motion, which makes just such an exosuit that assists people when picking up objects, has raised $15 million, TechCrunch was first to…
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Smart shopping cart startup Shopic announced today that it has raised $10 million in equity funding. The round was led by Claridge Israel, with participation from existing investors Entrée Capital, IBI Tech Fund, and Tal Capital. This brings the total amount raised by Shopic to $21 million. The Tel Aviv, Israel-based Shopic creates cashierless checkout…
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As of now, New Yorkers have just about all the fun when it comes to super speedy grocery delivery in the U.S. Companies like Fridge No More, JOKR, Gorillas and, starting next month, Buyk are all building out a network of small, delivery-only grocery stores that promise to deliver your food in as few as…
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Kurly, the South Korean startup behind online grocery service Market Kurly, announced today that it has raised a $200 million Series F round of funding. The Korea JoongAng Daily reports that this latest round was led by existing investors such as Aspex Management, DST Global, Sequoia Capital China, along with new investors like Millennium Management…
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Grocery delivery company Instacart announced today that it is appointing Fidji Simo as its new CEO effective August 2. Simo has been on Instacart’s board since January of this year. She has spent the past decade at Facebook where she was most recently Vice President and Head of the Facebook app. Instacart Founder and soon-to-be-former…
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We’ve been saying that investment in grocery startups is downright frothy this year, and now PitchBook has put a number to all this VC activity. CNBC reports that venture-backed grocery startups have raised $10 billion so far in 2021, according to PitchBook’s data, vaulting past the $7 billion raised in the sector last year. Part…
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Vancouver, Canada-based startup Vegano launched an online vegan marketplace today that will function as an e-commerce grocery-delivery storefront for plant-based food items. For now, the service operates in the Metro Vancouver area as well as Squamish and Whistler. The company said it plans to expand to Toronto and Montreal by the end of this year…
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Czech online grocery startup Rohlik announced today that it has raised a €100 million (~$119M USD) Series C round of funding. TechCrunch was first to report the news, writing that the round was led by existing investor Index Ventures, with participation from Partech and Quadrille Capital, who had also previously invested in Rohlik. This funding…
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