Tag: Food
European lawmakers propose a ‘right to repair’ for mobiles and laptops
The European Commission has set out a plan to move towards a ‘right to repair’ for electronics devices, such as mobile phones, tablets and laptops. More generally it wants to restrict single-use products, tackle “premature obsolescence” and ban the destruction of unsold durable goods — in order to make sustainable…
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New funding round values catering marketplace Hungry at $100M+
Hungry, a catering marketplace that connects businesses with independent chefs, announced this week that it has raised $20 million in Series B funding. Hungry tells me that the funding valued the company at more than $100 million (pre-money). The investors were also pretty impressive: The round was led by Evolution VC…
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Delivery startups set up contactless delivery options as coronavirus fears grow in U.S.
Postmates announced today it would be adding a “non-contact delivery option,” for those concerned about COVID-19 exposure from workers bringing them food. Instacart set up something similar earlier this week, announcing sales were 10x higher this week over last due to coronavirus concerns and rolling out the “leave it at…
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Spindrift, maker of fizzy drinks, has raised $29.8 million
Spindrift, maker of fizzy soda and sparkling water, has raised $29.8 million in a funding round, per an SEC filing. The Charlestown, Mass. company was founded by Bill Creelman and has raised $70 million in known venture capital funding to date, per Crunchbase data. The company did not immediately respond…
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Uber sold its food delivery business in India to Zomato for $206M
Uber sold its food delivery business in India to the local rival Zomato for $206 million, the American ride-hailing company disclosed in a regulatory filing in one of its key overseas markets. In January, Uber announced that it had sold the India business of Uber Eats to Zomato for a…
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These specialized Africa VC funds are welcoming co-investors
For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene is performance-light — one major IPO and a handful of exits — but there could be greater returns for investors…
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