Curb, a Nordic dark kitchen startup which uses technology and data in order to improve customer experience, has secured EUR20 million in funding by Point72 Ventures, with participation from its existing investor EQT Ventures.
The capital will be used to make new investments in tech and to continue to grow the company. In an industry predicted to become a USD1 trillion market by 2030, Curb said it wants to push the boundaries of how we think about restaurants and food tech.
Following its EUR3.2 million fundraise at the end of 2020, Curb launched in Denmark while continuing to expand its presence in Sweden. “Having witnessed and participated firsthand in the growth of food delivery, we are even more excited to explore the disruptive effect technology can have on the content and production side,” commented Carl Tengberg, CEO and founder of Curb, who is also an ex-Delivery Hero executive.
Read more at Private Equity Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.