Business
On-demand grocery startup Food Rocket launches in the Bay Area, goes up against delivery giants
On-demand grocery startups like Gorillas are invading Europe right now, but although on-demand-everything is kinda old-hat in the Bay Area, a new startup thinks it might just be able to do something new.
Food Rocket says it has raised a $2 million investment round from AltaIR Capital, Baring Vostok fund and the Angelsdeck group of business angels, including Philipp Bashyan, of Russia’s Yandex, who has joined as an investor and advisor.
Yes, admittedly, this tiny startup is competing with DoorDash, GoPuff, InstaCart and Amazon Fresh. Maybe let’s not get into that…
Using the company’s mobile app, users can order fresh groceries, ready-to-eat meals and household goods that will be delivered within 10-15 minutes, says the startup, which will be servicing SoMa, South Park, Mission Bay, Japantown, Hayes Valley and other areas. The company hopes to open 150 “dark stores” on the West Coast as part of its infrastructure.
Vitaly Aleksandrov, CEO, and co-founder of Food Rocket, said: “The level of competition in this market in the U.S. is still manageable, which is why we have the opportunity to become leaders in the sphere of fast delivery of basic products and household goods. We aim to replace brick-and-mortar supermarkets and to change consumers’ current habits in regards to grocery shopping.”
What can we say? Good luck?
-
Entertainment6 days ago
How to watch the 2024-2025 NBA season without cable: The greatest streaming deals
-
Entertainment6 days ago
‘Here’ review: Robert Zemeckis, Tom Hanks, and Robin Wright reunite
-
Entertainment5 days ago
Election 2024: The truth about voting machine security
-
Entertainment4 days ago
Teen AI companion: How to keep your child safe
-
Entertainment7 days ago
‘Memoir of a Snail’ review: A bleak, brilliant, and hilarious rumination on loss
-
Entertainment4 days ago
‘Wallace and Gromit: Vengeance Most Fowl’ review: A delightful romp with an anti-AI streak
-
Entertainment3 days ago
‘Dragon Age: The Veilguard’ review: BioWare made a good game again
-
Entertainment3 days ago
Polling 101: Weighting, probability panels, recall votes, and reaching people by mail