Monday, September 21, 2015

GrubMarket Grabs $10M For Local Food Delivery

San Francisco-based fresh food delivery service GrubMarket has raised $10M in a Series A funding, the company disclosed last week. The funding was led by Fosun Group, and also included Y-Combinator, Battery Ventures, GGV and AME Cloud Ventures. GrubMarket develops a mobile and web app which directly orders and delivers local food products from local producers. The startup is led by Mike Xu. More information »