Munich Startup
Foodji raises €21.4 million in Series A

Foodji raises €21.4 million in Series A

Maximilian Feigl

Maximilian Feigl

Munich-based food-tech company Foodji has completed its Series A funding round of €21.4 million ($23 million). Movendo Capital and DLF Venture lead the funding round, with Triple Point Capital, Kraut Capital, and existing investor Foodlabs also participating.

March 14, 2023

2 min. read time

Foodji operates food vending machines that offer fresh and healthy meals. The startup focuses on locations such as offices, universities, and hospitals, but also on travel at hotels and airports as well as in production facilities. Customers can purchase desired products directly at the machine via touchscreen or reserve and pay via app up to 12 hours in advance.

The vending machines themselves are characterized by intelligent algorithms that forecast individual demand at each location and can automate the entire supply chain as much as possible. Foodji thus promises significantly less food waste than is typical in the industry average.

“Over 90 percent of German companies do not operate their own canteen. The past year has shown that the demand for high-quality and flexible around-the-clock catering – especially in the German mid-market – is enormous,”

explains Felix Munte, co-founder and CEO of Foodji.

“Foodji has managed to reduce food and packaging waste to a minimum”

“With our strong team and our proprietary technology platform, we quadrupled our business results in 2022. With this investment, we have created the foundation to further strengthen our position as market leader,”

adds Daniel von Canal, also co-founder and CEO of Foodji.

With the newly raised capital, the startup plans to invest in its own team and, above all, further develop its technology. Additionally, the user experience for customers will be made more personalized. In addition to technical development, Foodji also wants to expand its food offerings to respond to current food trends.

“In Germany alone, 1.7 million tons of food waste are generated in out-of-home catering each year. Foodji has managed to reduce food and packaging waste to a minimum while simultaneously offering restaurant-quality food,”

says Patrick Huber, General Partner at existing investor Foodlabs.

Newsletter

Stay in the loop

Want to know what's happening in Munich's startup scene?
Get the highlights straight to your inbox.

Münchner Gewerbehof- und Technologiezentrumsgesellschaft mbH will use the email address you provide in this form to send you the Munich Startup newsletter. Privacy Policy

Twice a month. Unsubscribe anytime.

More like this

Related Articles to Read Next

Foodtech Startup SmartFoodie Supplies Südostbayernbahn with 24/7 Canteens
Deals

Foodtech Startup SmartFoodie Supplies Südostbayernbahn with 24/7 Canteens

11.11.26
4 Min.
Ororatech Expands Satellite Network with Kepler
Deals

Ororatech Expands Satellite Network with Kepler

10.11.26
3 Min.
Tytan Opens Europe’s Largest Interceptor Drone Production
Deals

Tytan Opens Europe’s Largest Interceptor Drone Production

10.11.26
3 Min.
Munich Electric Aircraft Startup Vaeridion Secures €124.5 Million
Deals

Munich Electric Aircraft Startup Vaeridion Secures €124.5 Million

09.11.26
4 Min.
100 Million Euros for Hypersonic Startup Hypersonica
Deals

100 Million Euros for Hypersonic Startup Hypersonica

04.11.26
3 Min.
Kennedy Lewis Acquires Majority Stake in Munich Camper Startup Roadsurfer
Deals

Kennedy Lewis Acquires Majority Stake in Munich Camper Startup Roadsurfer

02.11.26
3 Min.
AI Startup Marble Cognition Raises €3.35 Million for Learning AI Coworkers
Deals

AI Startup Marble Cognition Raises €3.35 Million for Learning AI Coworkers

02.11.26
4 Min.
Munich Fusion Startups Expand Partnerships with Japan
Deals

Munich Fusion Startups Expand Partnerships with Japan

30.10.26
3 Min.
Tendos Raises €12 Million for AI in Building Material Sales
Deals

Tendos Raises €12 Million for AI in Building Material Sales

29.10.26
2 Min.
Qwello Secures up to €55 Million in Growth Capital
Deals

Qwello Secures up to €55 Million in Growth Capital

28.10.26
3 Min.
Nvidia Plans Investments in Agile Robots and Avelios Medical
Deals

Nvidia Plans Investments in Agile Robots and Avelios Medical

27.10.26
3 Min.
Detect Wildfire Damage in 24 Hours: OroraTech & Iceye Join Forces
Deals

Detect Wildfire Damage in 24 Hours: OroraTech & Iceye Join Forces

26.10.26
4 Min.