Fuudy received an investment of 300 thousand dollars on a valuation of 11 million dollars

Domestic startup Fuudy, which focuses on online food delivery, announced that it has received an investment from Techmine with a valuation of 11 million dollars.

According to the information conveyed by Fuudy, the venture received an investment of 300 thousand dollars from Techmine . Let’s add that the investment of 300 thousand dollars was realized on a valuation of 11 million dollars . According to the information Fuudy shared with us, the new investment of 300 thousand dollars will be used mainly in technology and product development.

Fuudy , which first appeared in September 2020, has received its third investment in two years with the new investment from Techmine. To remind you, Fuudy received an investment of $ 1.11 million at a valuation of $ 7.1 million in 2021 and $ 3 million at a valuation of $ 10.1 million last January .

With the new investment, Fuudy’s valuation increased from $10.1 million to $11 million in 7 months. Fuudy, which emerged with the joining of forces of Cem Mirap , one of the well-known names in the food and beverage world, and İlker Baydar , an experienced name in the e-commerce sector , focuses on the good food experience in online food ordering.

Making statements about the investment, Fuudy co-founder İlker Baydar shared that the cooperation with Techmine Private Equity Investment Trust is very valuable for the company. Stating that they are taking firm steps forward with the aim of becoming Turkey’s top order application in the field of technology and that they are proud of being the first in many areas, Baydar also stated that the added value of all its subsidiaries has a great place in Fuudy’s having this special place in the sector.

Along with the ” Ghost Kitchen ” project, the initiative, which brings together the products of certain brands on its platform with its users, in addition to food ordering, also aims to bring the menus of the city’s valuable chefs to a wider audience through kitchens established solely for online ordering in different locations. If you wish, you can download the Fuudy mobile application for Android here and for iOS here .

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