Eight Roads et al. in €10m series-B for Take Eat Easy
Eight Roads Ventures and existing backers have invested in a €10m funding round for Belgian food delivery startup Take Eat Easy.
New investor Eight Roads (formerly known as Fidelity Growth Partners) was joined by existing backers DN Capital, Piton Capital and Rocket Internet. These took part in a €6m series-A round for the startup just four months ago. Eight Roads is currently investing from its £150m vehicle.
Take Eat Easy stated it would use the fresh funds to consolidate its position on the French and Belgian market. It will also look to expand into other European markets, such as Germany, Spain and the UK.
Company
Founded in 2013, Take Eat Easy is a food delivery startup that connects restaurants, bike couriers and customers.
The company claims to have developed dispatching algorithms allowing customers to keep track of their order and receive it within 20 minutes. The business set up shop in France in October 2014 and has since partnered with 250 restaurants. As of April this year, it was employing around 15 staff.
People
Adrien Roose is the CEO and co-founder of Take Eat Easy.
Advisers
Equity – McGuireWoods, Timothy Speelman (Legal).
Company – Jones Day, Thomas de Muynck, Céline Vanbever (Legal).
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