On-demand grocery startups like Gorillas are getting into Europe today, but although on-demand-everything is kinda old-hat in the Bay Location, a new start-up believes it may simply have the ability to do something brand-new.
Food Rocket states it has actually raised a $2 million financial investment round from AltaIR Capital, Baring Vostok fund and the Angelsdeck group of service angels, consisting of Philipp Bashyan, of Russia’s Yonder, who has actually joined as an investor and consultant.
Yes, undoubtedly, this tiny startup is competing with DoorDash, GoPuff, InstaCart and Amazon Fresh. Possibly let’s not enter that …
Using the company’s mobile app, users can purchase fresh groceries, ready-to-eat meals and family goods that will be provided within 10-15 minutes, states the startup, which will be servicing SoMa, South Park, Mission Bay, Japantown, Hayes Valley and other locations. The business hopes to open 150 “dark stores” on the West Coast as part of its infrastructure.
Vitaly Aleksandrov, CEO, and co-founder of Food Rocket, stated: “The level of competitors in this market in the U.S. is still workable, which is why we have the chance to end up being leaders in the sphere of quick delivery of standard items and household items. We intend to change brick-and-mortar grocery stores and to alter customers’ existing habits in regards to grocery shopping.”
What can we say? Best of luck?
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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