[Funding alert] Foodtech startup Box8 raises $6.2 million in Series C round
30 March 2019 12:25 AM GMT
Foodtech companies seem to be back in favour with investors who are backing them with plenty of growth capital
- Foodtech startup Box8 finalised an agreement to raise $6.2 million in a Series C funding round from ReDefine Capital earlier this month.
- Earlier this month, Faasos' parent company raised $15.8M from Sequoia Capital, Lightbox Ventures, and Evolvence India in a Series D1 funding round, close on the heels of raising $4.2 million in venture debt from Trifecta Capital.
- In January, Box8 rival FreshMenu raised $2.94 million from Lightspeed Venture Partners, Zodius Technology Fund, and K. Ganesh's fund GrowthStory.
- Foodtech giants Swiggy and Zomato had raised massive rounds of funding in 2018, with Swiggy closing the year with a $1 billion Series H round led by Naspers, Meituan Dianping, Coatue Management, DST Global, Tencent, Hillhouse Capital, and Wellington Management company.
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