Food Rocket: Raises $25M in Series A Funding

Food Rocket Raises $25M in Series A Funding

• Food Rocket, a Palo Alto, CA-based grocery delivery startup, raised $25m in Series A funding
• The round was led by Alimentation Couche-Tard Inc., through its Circle K Venture Fund
• The company intends to use the funds to expand the service in Chicago and other cities throughout the U.S as well as enhance its AI-enabled software and the team.
• FoodRocket provides fast grocery delivery, promising door-to-door delivery within 10-15 minutes of the order’s placement
• Earlier this year, the startup launched delivery operations in Chicago
• FoodRocket continues to be one of the few startups offering full-time employment to all of its riders