Tech Company Financing Transactions
HungryPanda Funding Round
On 9/30/2024, HungryPanda raised $55 million in funding from MARS Growth Capital, 83North and Felix Capital.
Transaction Overview
Company Name
Announced On
9/30/2024
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to consolidate its leadership in the Asian food delivery market and explore new opportunities to serve a broader range of minority ethnic communities, particularly in North America.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Kingsway House 103 Kingsway
London, WC2B 6QX
UK
London, WC2B 6QX
UK
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2017, HungryPanda is currently the largest overseas Chinese food delivery company. Starting in Nottingham, the UK, it has expanded to more than 80 cities in 10 countries, including the UK, France, Italy, the US, Canada, Australia, New Zealand, Japan, South Korea and Singapore. In 2021, HungryPanda launched its new business models, "Panda Fresh", a platform for Asian fresh food and grocery e-commerce, and "VouchersPanda", a platform to provide new discounted ordering methods of online and offline lifestyle services for overseas Chinese.
Management Team
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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