HungryPanda, a food delivery app for Chinese communities, raises $20 million

HungryPanda, a food delivery app for Chinese communities, raises $20 million

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/20/hungrypanda-a-food-delivery-app-for-chinese-communities-raises-20-million/

HungryPanda, a food delivery service for Chinese communities in cities around the world, announced today it has raised $20 million in funding. The round was led by investors 83North and Felix Capital and will be used on hiring, product development and global expansion, particularly in the United States. The startup, which did not disclose its current valuation, said its goal is to reach an annual run rate of $200 million by May.

Founded in the United Kingdom, where its service first launched in Nottingham, HungryPanda is now available in 31 cities in the U.K., Italy, France, Australia, New Zealand and the U.S.