French startup Foodles is raising a $10 million funding round (€9 million). The company provides canteen-like services using connected fridges and daily deliveries.
Creadev, DN capital and Adelie are participating in today’s round. This isn’t just fresh capital as existing shareholder Elior is selling its shares in the company. Elior is a large catering and foodservice company — in some way, Elior and Foodles are competitors at a very different scale.
Foodles solves a specific issue for the French market. French companies have to subsidize lunch for their employees. They have two options — they can either open a canteen in the office or hand out meal vouchers to financially contribute to everyone’s lunch.
While big public companies usually work with a foodservice company, such