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MUY is a FoodTech company in Colombia working to make food fast and affordable with technology.
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0% human interaction; MUY opens its first contactless restaurant in Colombia
Contxto – Colombian MUY is taking the next step in bringing technology to the food and beverage industry. Last Wednesday, the startup announced the launch of its first contactless restaurant in Bogotá. This store is under pilot-testing in Colombia, however, MUY reports that thus far, users’ response has exceeded expectations. And if results prove favorable […]
Rappi to launch (zero fee) platform for restaurants. But, is it really free?
Contxto – Colombian Rappi wants to take its relationship with restaurants to a new level. Yesterday (23), the startup announced the launch of “Propio,” a platform for eating establishments to manage their sales and deliveries. “We’ve taken our technology and placed it at the service of large and small-sized restaurants so they can have their […]
Foodology tastes victory at Harvard Business School’s New Venture Competition
Contxto – Harvard grads and fellow Colombians Daniela Izquierdo and Juan Azuero have many reasons to celebrate, US$75,000 worth of reasons. The pair co-founded their startup, Foodology, and recently won Harvard Business School’s New Venture Competition alumni track. For that merit, they were awarded US$75,000 to invest into their six-month old startup. It’s the first […]
Top 10 Venture Capital funds in Mexico
Contxto – There is another, less explored, facet of the startup equation. Indeed, no idea gets far without the money to do the walking. This is where venture capitalists (VCs) come in. And as one would expect, Venture Capital in Mexico and the rest of Latin America is no exception. Oft the mighty presences behind […]
Brazilian dark kitchen startup Mimic stirs investor hunger, raises US$9 million
Contxto – Investors are lean and hungry for dark kitchens in Latin America. Brazilian startup, Mimic can attest to that following its raising of R$37.2 million (around US$9 million) in a seed round. Monashees led the investment, with contributions by Canary, and Valor Capital Group following suit. They were also joined by individual investors with […]
Brazilian fintech Creditas gains momentum with new headquarters in Valencia, Spain
Contxto – While many Latin American startups aspire to operate at a global level, the Brazilian fintech Creditas recently found success in Valencia, Spain. Four months into operations and the company has already hired 18 employees at its new Spanish headquarters. Considering that the founder and CEO of Creditas is valenciano, it was only a […]
Jüsto raises one of the highest Latin American seed rounds with US$10 million investment
Contxto – Following the hype with Uber’s acquisition of Cornershop, fellow Mexican grocery delivery startup Jüsto recently raised one of the most valuable seed rounds in Latin American history. With US$10 million worth of seed funding, the online supermarket will continue to offer consumers products at affordable prices. Lacking physical stores, Jüsto operates through B2C and […]
MUY closes US$15 million Series B led by ALLVP
Contxto – Colombian foodtech MUY now joins Cornershop, Slang, Weex, among other startups in ALLVP’s portfolio following a Series B worth US$15 million. “We are thrilled to join one of the best teams in Colombia as they seize one of the largest opportunities in the region,” said Fernando Lelo de Larrea, a managing partner from […]
MUY Tech lands US$4 million from Seaya Ventures
Contxto – Colombian restaurant platform, MUY Tech, landed US$4 million from Seaya Ventures to consolidate operations in its home country and expand to five Latin American nations. In Summary MUY Tech is a startup from Bogota trying to make the food industry faster and more affordable via technology. Offering “home-cooked” meals in five locations across […]