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HungryPanda raised $55M in a funding round led by Mars Growth Capital to solidify its leadership in the Asian food delivery market.

PRIVATEOct 01, 2024

Amount Raised

$55 Million

Round Type

Funding Round

LondonOtherCommerce and ShoppingFood and BeverageMobileCommerce And ShoppingFood And Beverage

Investors

KinnevikPerwynFelixLiquidity GroupMufg83NorthMars Growth Capital

Description

HungryPanda, a food delivery platform focusing on Asian communities, has raised $55 million, reaching a valuation of nearly $500 million. This round was led by Mars Growth Capital, with continued support from existing investors. The funding will be used to expand services and explore new opportunities for minority ethnic communities in North America.

Quick answer

Hungry Panda raised $55 Million in a Funding Round round, dated October 1, 2024. Investors: Kinnevik, Perwyn, Felix, Liquidity Group, Mufg, 83North and Mars Growth Capital. Hungry Panda is based in London, Ontario, Canada.

How much did Hungry Panda raise?
Hungry Panda raised $55 Million in a Funding Round round on October 1, 2024.
Who invested in Hungry Panda?
Kinnevik, Perwyn, Felix, Liquidity Group, Mufg, 83North and Mars Growth Capital are named as investors in this round.
What does Hungry Panda do?
Founded in 2017, HungryPanda is currently the largest overseas Asian food delivery platform.
Where is Hungry Panda based and how big is it?
Hungry Panda is based in London, Ontario, Canada.
Who are the decision-makers at Hungry Panda?
Fundz holds 1 contact at Hungry Panda. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Food and Beverage around the same time

Companies in the same sectors as Hungry Panda that raised within 45 days of this round, from Fundz verified event records.

  • Plantible Foods Inc. raised $30M (Series B) on November 15, 2024.
  • Yu Foods Co raised $6.5M (Series B) on October 18, 2024.
  • Purplle raised $178M on October 14, 2024.
  • Rarebird raised $1M (Seed) on October 11, 2024.
  • STANDING OVATION raised $4.1M (Series A) on September 13, 2024.
  • The Green Coffee Company raised $15M (Funding Round) on September 10, 2024.

Who to call at Hungry Panda, and when

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Company Information

Company

Hungry Panda

Location

London, Ontario, Canada

About

Founded in 2017, HungryPanda is currently the largest overseas Asian food delivery platform. Starting in Nottingham, the UK, it has expanded to more than 60 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, "PandaFresh", 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. Besides, HungryPanda is awarded in the Deloitte 2021 UK Technology Fast 50, making the company the only food delivery platform in the ranking.

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Hungry Panda raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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