Blue Apron will raise $587M in its IPO, valuing itself close to $3B

 Blue Apron, the meal ingredient delivery service that filed to go public earlier this month, has just priced its IPO. The company will price its shares between $15-$17, hoping to raise a maximum of $586,500,000. Using a $16 midpoint, this pricing gives the company a proposed valuation of just under $3 billion. The company will be listed on the NYSE under the symbol “APRN”, and… Read More

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The Farmer’s Dog, a customized pet food subscription service, scoops up $8.1 million

 The Farmer’s Dog wants to fill the bowls of canines everywhere with fresh food made especially for them. Based in New York City, the startup plans to expand its dog food delivery service after closing a $8.1 million Series A round led by Shasta Ventures. Returning investors Forerunner Ventures, Collaborative Fund, and SV Angel also participated. Read More

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Report: UberRush will stop handling restaurant deliveries

 Uber plans to close its UberRush courier service to restaurant deliveries, according to a report in Quartz. Instead, restaurants will be encouraged to use UberEats, the company’s food delivery service, instead. Read More

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Domino’s and Starship Technologies will deliver pizza by robot in Europe this summer

 We’ve said it once, we’ll say it again– the food delivery robots are coming! This time, they’ll be carting piping hot pizzas to Domino’s customers.
The tech-loving pizza company joked about driverless delivery robots in 2015. Remember its “Domi-No-Driver” campaign? But now it’s making good on the April Fool’s gag. Domino’s has… Read More

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Bullish: The future of food on demand

 This week on Bullish, I sat down with DoorDash CEO Tony Xu to talk about the future of on-demand food delivery. In January, DoorDash teamed up with Starship Technologies to test food delivery via robots. On this episode of Bullish, Xu and I discussed the evolution of the on-demand space, challenges to profitability, predictions for the future and autonomous delivery. Read More

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NFL’s Drew Brees backs Waitr to make takeout easy in anytown USA

 Food delivery startups abound in the U.S., but few of them deliver to customers in second cities and smaller towns. From early pioneers like Grubhub to newer services like DoorDash, food delivery businesses have tended to focus on urban areas with a high concentration of restaurants and people who frequently order takeout. Now, New Orleans Saints Quarterback, philanthropist and angel… Read More

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