Categories: Tech & Society

Berlin’s HelloFresh Raises $7.5 Million to expand service in U.S.

HelloFresh.com, a Berlin, Germany-based company that aims to make tasty, healthy meals at home as effortless as possible, has nabbed another $7.5 million to boost its market share in the U.S. and elsewhere.

This is the third round of financing for the company, which has now raised a total of $20 million. The Moscow-based VC firm Phenomen led the round, and Vorwerk Ventures and Holtzbrinck Ventures participated. Rocket Internet and Investment AB Kinnevik are existing investors.

The site lets home cooks choose from up to five new recipes created by professional chefs and nutritionists. The ingredients are then delivered direct to the customer’s door. The recipes take 30 minutes or less to prepare, only require basic kitchen equipment, and come with step-by-step instructions.

HelloFresh says it now shifts several million meals in its core markets. Since the last funding round in December, the company says it has quadrupled its revenue, and doubled its margins.

Via: VentureBeat

 

Team TechPanda

Recent Posts

The AI-driven CFO: How Artificial Intelligence is redefining financial leadership in the tech era

The Chief Financial Officer (CFO) is no longer the only one responsible for budgets and…

3 days ago

From Roblox to Python: How game development educates kids on AI principles

AI is no longer in the distant future, discussed only in university classrooms or interactive…

5 days ago

M&A: The art of the deal

The Tech Panda takes a look at recent mergers and acquisitions within various tech ecosystems…

7 days ago

As we seek to create robots that’re more ‘human’ who’s helping? AI

As robotics progresses towards creating humanoid robot helpers, our tendency is to create them in…

1 week ago

Japan’s Web3 Strategy: A Safe Haven for Chinese Investors Fleeing Capital Controls?

On June 7, 2025, Japan enacted a series of regulations aimed at enabling stronger consumer protections…

1 week ago

Agentic AI Is Reshaping Data Infrastructure—Are Data Warehouses Obsolete?

Introduction: The Signal Behind Snowflake’s CEO Change In the spring of 2024, Snowflake, a star…

1 week ago