Global Asian Food Delivery Leader Hungrypanda Secures $130 Million Series D Round

Dec 17, 2021•over 3 years ago

Amount Raised

$130 Million

Round Type

series d

LondonFood And BeverageOtherMobileCommerce And Shopping

Description

HungryPanda has today announced a $130 Million Series D round to strengthen its position as the leading specialist online food delivery platform serving Asian restaurants and populations overseas. The London headquartered company has now raised $220 Million over the last three years to establish itself as the category leader globally. Perwyn, the family-backed private equity and growth capital investor led the latest round, joining investors Kinnevik, Felix Capital, 83North, Piton Capital, Vintage, Burda Principal Investments and debt provider Kreos Capital.

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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Medium Activity

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