Top 10 Venture Capital Investors in Food Services Industry in the World in 2021 by Deal Value
Tiger Global Management LLC, GIC Pte Ltd, APG Asset Management NV, KRC Capital, Bow Wave Capital Management, LP are among the top 5 venture capital investors in the food services industry in 2021 by deal value. In terms of the geographic split, 6 out of 10 of the world’s top 10 venture capital investors in the food services industry are headquartered in North America, while 2 are based in Asia, and the remaining 2 are based in Europe. They employed a total of 7,529 people in 2021. The Faasos Food Services (Rebel Foods) Series F financing deal was one of the major VC deals in the food services sector in 2021. Faasos Food Services Pvt Ltd (Faasos) is an operator of the quick-service restaurant chain. It provides app-based food delivery services. The company has secured $175 million in Series F funding from Sequoia Capital India, Qatar Investment Authority, and others. The deal was completed in Q4 2021. The Getir Secures Series D financing deal was another major VC deal in the food services sector in 2021. Getir Perakende Lojistik A.S is a technology company that offers a grocery delivery app that allows on-demand services to its customers, a mobile application for buying goods online with quick delivery, especially for urban areas. The company has secured $555 million in Series D venture funding from Tiger Global Management LLC, Winter Capital, and others. The deal was completed in Q2 2021. The Cava Group’s Series F financing deal was another major VC deal in the food services sector in 2021. Cava Group Inc, a US-based operator of fast-casual restaurant chain services, has secured $190 million in Series F funding from T. Rowe Price Group Inc, Equilibra Partners Management LLC, and others. The deal was completed in Q2 2021.