IN THE NEWS: NESTLE LEADS $77M FUNDING ROUND IN MEAL-DELIVERY STARTUP FRESHLY
Meal-delivery startup Freshly has raised $77 million in new funds, financing that was led by Swiss-based food giant Nestle.
On Tuesday, Freshly announced a new Series C funding round that also was supported by existing investors including Highland Capital Partners, Insight Venture Partners, and White Star Capital. Since launching in 2015, Freshly has raised $107 million, a figure that includes the Series C financing. The new financing will be used to support Freshly’s expansion—the service is currently available in 28 states, mostly servicing the West Coast and middle region of the country.
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