Industry News
Colombia’s MUY Tech Rebrands As RobinFood And Raises US$16m Debt Financing
2 October 2020
Colombian restaurant management platform MUY Tech rebranded to RobinFood and raised US$16m in debt financing from Miami-based VC MGM Sustainable Energy Fund. RobinFood is founded by Domicilios.com Co-Founders Jose Guillermo Calderon and Miguel McAllister. In 2019, RobinFood raised a US$15m Series B led by ALLVP and a US$4m Series A led by Seaya Ventures.
(Crunchbase) Latin American cloud restaurant MUY has changed its name to RobinFood and secured $16 million in debt funding that complements a $15 million Series B round announced in October 2019.
MGM Sustainable Energy Fund II provided the debt financing which gives RobinFood, founded in 2018, a total of $36 million in funding to date, José Guillermo Calderón, co-founder and CEO of RobinFood, told Crunchbase News. This includes investments from ALLVP, which led the Series B, and Seaya Ventures, which led RobinFood’s $4 million Series A.
Prior to starting Colombia-based RobinFood, Calderón was co-founder and CEO of Domicilios.com, an online food ordering service that he took public in 2017 and left shortly after. The company was later sold to iFood.
Read more at Crunchbase.
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