360 Capital, Breega in €6m round for FoodChéri

Other investors in the round include Samaipata Ventures – a venture capital fund led by Spanish food delivery service La Nevera Roja – and food and beverage-specialised growth fund Ambrosia Investments.

The capital will primarily be used to extend FoodChéri's delivery areas within the Greater Paris region before considering an international rollout. FoodChéri aims to service four million residents within the Greater Paris area by the end of 2017.

The company will also look to improve its mobile app by adding a series of new features, including an option enabling users to pre-order several days in advance.

The startup will also grow its current team of 40 by an additional dozen employees before the end of 2016, with a focus on marketing, R&D and in-house chefs. It is also planning several culinary partnerships and events starting this fall.

Previous funding
In 2015, FoodChéri raised €1m of seed funding from Breega.

Company
Launched in 2015 in Paris, FoodChéri is a delivery-only virtual restaurant operating in the Paris region.

Customers can select from a daily rotating menu of fresh chef-made meals, offered at around €10 and delivered by bike couriers.

It currently serves 1,000 meals a day in Paris and several of its main suburbs, including Neuilly-sur-Seine, Levallois, Boulogne-Billancourt, Issy-les-Moulineaux, Vanves, Vincennes and Montreuil.

People
FoodChéri – Patrick Asdaghi (CEO, co-founder).

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