Andreessen Horowitz and Base Partners Lead USD15m Series A for Colombian Foodtech Foodology
22 October 2021
Andreessen Horowitz and Base Partners led a USD15m Series A for Foodology, a Colombian foodtech leveraging the dark kitchen model to launch restaurant brands, with follow-on from Kayyak Ventures and Wollef (formerly Jaguar Ventures). Angels in the round included NIlam Genenthiran (Instagram), Carlos Garcia (Kavak), Pierpaolo Barbieri (Uala), Sujay Tyle (Merama) and Dick Boyce (Burger King). Wollef invested in August 2020.
(TechCrunch) – Foodology has been whipping up its restaurant brands in cloud and virtual kitchens in Colombia and Mexico since 2019, and with a new infusion of capital, hopes to scale that across Latin America.
The Bogotá-based company closed on $15 million in Series A funding in a round led by Andreessen Horowitz and Base Partners. Existing investors Kayyak Ventures and Jaguar Ventures (now Wollef) joined in as did a group of angel investors, including Instacart president Nilam Ganenthiran, Kavak CEO Carlos Garcia, Ualá CEO Pierpaolo Barbieri, former Burger King Chairman Dick Boyce and Merama CEO Sujay Tyle. Including the new funding, Foodology has raised more than $20 million.
Read more at TechCrunch.
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