Weee! is an online grocery platform that specializes in providing Asian and Hispanic groceries to customers in North America. The platform allows users to shop for a wide range of products, including snacks, beverages, cosmetics, and health items, sourced from various countries such as China, Mexico, Korea, Japan, Taiwan, Hong Kong, Thailand, and Vietnam. Customers can access the service through a website or mobile apps available on iOS and Android. Weee! stands out from its competitors by offering free delivery and no additional fees, making it an attractive option for price-sensitive shoppers. The company focuses on sourcing high-quality and fresh products directly from suppliers, ensuring competitive pricing. Weee!'s goal is to serve the growing multicultural population by providing authentic grocery options and enhancing the shopping experience with dedicated delivery and customer service teams.

DST Global

Amino Capital

Goodwater Capital

Lightspeed Venture Partners

VMG Catalyst

IFly.vc

VMG Partners

Blackstone

Tiger Global

Arena Holdings

Greyhound Capital

Vision Fund

SoftBank

Food & Agriculture

Consumer Goods

Weee!

Everyday People Coffee & Tea is proud to partner with Weee!

Everyday People Coffee & Tea Now Available On Weee! Online Grocery

As consumers increasingly look to digital channels to meet their grocery needs, small, specialized players are getting creative in their efforts to gain share from category giants by promising very specific benefits and advantages. But it’s not just customers that are taking note of the trend, as sustainability-focused eGrocer The Rounds, which promises reusable and refillable containers to minimize waste, announced in a blog post Wednesday (Oct. 5) that it had booked a $38 million Series A fundraise to further drive its expansion plans

Egrocery Startups Push Niche Innovations To Swipe Share From Walmart, Amazon

Weee!, a Fremont, CA-based Asian and Hispanic ethnic e-grocer, raised $425M in Series E funding. The round was led by SoftBank Vision Fund 2 with participation from Greyhound Capital. Lydia Jett, Managing Partner at Softbank Investment Advisors, will join Weee!s Board of Directors as part of the Series E. The company intends to use the []
The post Weee! Raises $425M in Series E Funding appeared first on FinSMEs.

Weee! Raises $425M In Series E Funding

Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports

Data Snapshot: California Agrifoodtech Investment Still Outpaces The Rest Of Us By Billions

Coming off of a year where monthly active users grew 150% year over year, multicultural e-grocer Weee! secured $425 million in Series E funding toward its goal to be “the primary source for food at home,” Larry Liu, Weee!’s founder and CEO, told me.

Weee! delivers second big funding round in a year, this time backed by SoftBank

Goodwater's integrated services help early and growth stage founders and management teams win massive consumer marketsBURLINGAME, Calif., July 25, 2023 /PRNewswire/ -- Goodwater , the largest venture capital fund exclusively focused on consumer tech investments, announced today that it has raised over $1 billion across its family of early and growth stage funds. With this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a clear consumer tech focus and global reach, the firm has backed 79 early and growth stage startups in 19 countries around the world. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, the firm now manages over $3.3B in committed capital and continues to scale as much of the venture industry is slowing.Goodwater's founding partners: Eric Kim and Chi-Hua Chien."During a tough time in the market we are ready to support the very best early and growth stage consumer tech startups with $1 billion of fresh capital. We appreciate the support and trust placed in us by our Limited Partners. This new capital will fuel our global investing approach and strengthen our position as the best consumer tech investing platform in the world," said Chi-Hua Chien, Co-Founder & Managing Partner."With our laser focus on consumer tech, global portfolio of companies building market-leading digital consumer utilities, and software-enabled platform, we are energized to champion the success of the most promising consumer tech startups around the world," added Eric Kim, Co-Founder & Managing Partner

Goodwater Raises Over $1 Billion To Support Consumer Technology Startups Globally

Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports.Startups in California — and more specifically Silicon Valley — scooped up almost half of all VC funding for US companies in 2022, according to AgFunder’s Global AgriFoodTech Investment Report 2023. US startups raised $12.4 billion in funding last year; California startups took $5.3 billion of that capital, a figure almost twice as big as the second-largest global market, India.California’s dominance shouldn’t surprise too much, given its deep roots both in agriculture and tech. The Golden State produces more than 400 commodities including dairy, rice and cattle in addition to more than one third of the country’s vegetables and three quarters of US fruits and nuts

Data Snapshot: Almost Half Of All Agrifoodtech Vc Investment In The Us Goes To California Startups

Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports.Agrifoodtech investors took a major interest in eGrocery and restaurant marketplaces in 2022 — at least for the first part of the year. AgFunder data shows that three of the top five 2022 deals for agrifoodtech were in these food delivery sectors. Collectively the top 2022 deals totaled $2.79 billion and were split across North America, Asia and Oceana

2022’S 5 Biggest Foodtech Deals

SAN FRANCISCO and NEW YORK, Aug. 3, 2022 /PRNewswire/ -- VMG Catalyst , the venture capital firm founded in July 2019, today announced the closing of Fund II at its target of $400 million, bringing the total capital raised to $650 million across both funds. The Founding Team behind VMG Catalyst includes Partners Carle Stenmark, Brooke Kiley, and Jeff Truong. The new funding demonstrates continued enthusiasm behind VMG Catalyst's thesis that innovative software and sophisticated supply chains will define the next generation of leading brands and retailers. Through this investment lens, the firm has invested in 22 companies to date, across all investment stages. The roster includes commerce enablement companies such as mobile messaging leader Attentive , ethnic grocery delivery service Weee! Grocery , headless commerce platforms Shogun and Swell , financing provider Ampla , e-commerce analytics platform Daasity , and more

Vmg Catalyst Closes $400M Fund Ii Building On Reputation As A Leader In Scalable Commerce

/PRNewswire/ -- Weee! (www.sayweee.com), the largest and fastest-growing ethnic e-grocer in North America, today announced it secured $425 million in Series E...

Ethnic E-Grocer Weee! Raises $425 Million Series E Round Led by SoftBank Vision Fund 2

Online marketplace for Asian and Hispanic groceries

Weee!

Online marketplace for Asian and Hispanic groceries

Weee!

Online marketplace for Asian and Hispanic groceries

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