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La Belle Vie Raises $28 Million To Build An Online Supermarket From Scratch

La Belle Vie Raises $28 Million To Build An Online Supermarket From Scratch

12/16/21, 8:01 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/FR.svgparis
Money raised
$28 million
French startup La Belle Vie announced that it has raised a $28.2 million (€25 million) Series B round led by Left Lane and Quadrille Capital, with existing investor Capagro also participating. The company operates an online grocery store in the Paris area.

Company Info

Company
La Belle Vie
Location
paris, ile de france, france
Additional Info
The company operates an online grocery store in the Paris area. The company has signed a partnership with Système U. The company can deliver your order in less than 3 hours across the Ile-de-France region. The company wants to compete directly with quick-commerce startups. Orders are dispatched from one of La Belle Vie’s seven distribution hubs in Paris and the company tries to deliver orders within 15 minutes. Before today’s funding round, the company had raised a $6.2 million (€5.5 million) round in 2018 and and a $13.1 million (€11.6 million) round in 2020. Up next, the startup plans to expand to other major cities in France.