Food Rocket, a San Francisco-based 15-minute grocery delivery service, announced a $25 million Series A investment that will be used to expand the service in Chicago and other cities throughout the U.S., as well as reinforce its AI-enabled software and enhance the...
McDonald’s is looking to push delivery further all around the world, as is clear in a new partnership with Just Eat Takeaway.com (JET). The global burger enterprise and the Amsterdam-based European delivery consolidator announced the deal without many details....
After completing a $2.5 million pre-seed funding round, Ghost Financial is emerging from stealth mode to provide what it calls a “comprehensive financing and business services platform” for ghost kitchens and other restaurant ventures, including insurance, payroll,...
There is more consolidation in the restaurant marketing sector as Thanx announces plans to acquire restaurant-focused marketing automation platform ZeroStorefront. Thanx, a marketing and loyalty firm focused on restaurants, said the acquisition would bring more data...
Instacart made some finance news when it voluntarily slashed its valuation by almost 40 percent, from nearly $40 billion to $24 billion. That seems quite bad at first blush, but the valuation dip offers a window into the mismatch between venture capital valuations and...
Kitchen robotics are having a moment, both in terms of popular interest and investor support. Miso Robotics, the maker of “Flippy 2,” a robotic arm designed to operate a fry station and a handful of other automation products, is monetizing the interest through equity...
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.