The international community-focused grocery delivery service raised series E funding as the sector looks to cater for more specialised customer subsets.
Internet and telecommunications group SoftBank’s Vision Fund 2 led a $425m series E round for Weee, a US-based delivery service focusing on ethnic and geography-specific groceries, on Monday.
The round was filled out by Greyhound Capital alongside unnamed existing investors and it pushed the company’s overall funding to over $820m.
Weee sources and provides a range of more than 10,000 hard-to-find ethnic grocery products North America through an online platform.
The company has Chinese, Japanese, Korean, Latino, Vietnamese, Filipino and…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.