by Tom Kaiser | Apr 28, 2022 | Finance, News, Third-Party Delivery
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...
by Nicholas Upton | Apr 21, 2022 | Finance, News
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....
by Tom Kaiser | Apr 14, 2022 | Briefs, Finance, News
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,...
by Nicholas Upton | Apr 6, 2022 | Finance, News
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...
by Nicholas Upton | Mar 31, 2022 | Finance, News
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...
by Arthur Robert | Mar 17, 2022 | Automation, Finance, News
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...