Rocket Internet, the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Reuters, citing comments the company made after reporting earnings Tuesday (May 29), reported that Chief Executive Oliver Samwer wants...
Meal kits came to the market strong and, for a while there, it seemed like everyone was offering a variation of a direct-to-one’s-door delivery of dinner’s component parts waiting for assemblage. That market has since seen more than a bit of difficulty in sustaining the...
A logistics startup that is already servicing some big names has announced $4.3 million in new venture capital (VC) funding. Monday (Dec. 18) reports from TechCrunch said AxleHire — which facilitates last-mile logistics and delivery for subscription commerce and consumer packaged goods (CPG) firms like HelloFresh and...
Gazing into the pantry, the kids whine that there is nothing to eat — and they’re partially right. There’s no ready food, only ingredients. To eat them, first someone would have to prepare them. Grocery stores can feel just like that pantry: empty of “food,” full...
May 29, 2018
Rocket Internet, the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Reuters, citing comments the company made after reporting earnings Tuesday (May 29), reported that Chief Executive Oliver Samwer wants to invest in the tech sector, but didn’t offer a […]
November 19, 2015
Taking care of the Thanksgiving dinner preparation on demand may sound like a dream to some, but one startup is looking to make it a reality for the upcoming kickoff...
September 18, 2015
Germany-based food delivery startup HelloFresh’s valuation has hit a new high with a fresh round of funding totaling $85 million. The latest investment round, which was led by Scottish firm...
