COVID-19 caused plenty of issues for multiple businesses. However, some sectors experienced unprecedented growth as people work from home and need everything delivered to them. Home delivery of food is one such service that gained momentum during this pandemic. UK-based HungryPanda is a food delivery platform that has raised a notable €58.47M in its latest funding. The latest funding round comes soon after the €16.7M the startup raised, earlier this year.
New investors bank in on HungryPanda
The latest €58.47M funding round for HungryPanda was led by the investment company Kinnevik, which invested a major chunk of €29.2M in the food delivery startup. Previous investors such as 83North and Felix Capital also participated in the funding round.