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Crisp: Dutch Delivery Startup Raises $36M Series B

by businessinsider.com posted 1month ago 26 views
Summary List PlacementInvestors continue to pour cash into the grocery delivery sector. Amsterdam-based online supermarket Crisp has raised $36 million in a Series B funding round led by Berlin-based fund Target Global. The European grocery retail market is overall expected to be worth approximately €2.3 trillion ($2.7 trillion) in 2022, according to IGD, but online shopping still has limited penetration. Investors have been piling into startups which offer rapid and last-mile delivery services in recent months. Crisp is hoping to "unbundle" the supermarket, CEO and cofounder Tom Peeters told Insider in an interview.

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