In the latest food happenings, farmers get access to advanced digital tools thanks to the acquisition of farming eCommerce platform Farmigo by food tech supply chain innovator GrubMarket. MarginEdge, meanwhile, is using its $18 million funding round to further assist restaurant operators in going high-tech.
On the bring-it-to-me front, Buyk takes Manhattan and will deliver groceries in minutes, while Store.ai is speeding the supermarket fulfillment process with its news-picking app.
GrubMarket Acquires Farmigo to Help Farmers Embrace Tech
Silicon Valley startup GrubMarket is acquiring the community-supported agriculture (CSA) software firm Farmigo to help farmers make expanded digital inroads and grow their customer base, as announced on Tuesday (Sept. 14). Farmigo’s CSA software will be integrated into GrubMarket’s suite of products. Ultimately, GrubMarket envisions extending its software platform for the B2C side of the American food supply chain industry.
See also: Gates Foundation Buys Land for Farms
MarginEdge Closes Oversubscribed $18M Series B
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Restaurant management platform MarginEdge closed an oversubscribed, $18 million Series B funding round to help restaurants better navigate today’s fast-changing marketplace, labor shortages, and disrupted supply chain, the company announced in a press release on Tuesday (Sept. 14). The company’s CEO and Co-founder Bo Davis, a restaurant owner himself, said his goal with MarginEdge was to help operators find success.
Buyk Takes Manhattan With 15-Minute Grocery Delivery
Super-fast grocery delivery service Buyk launched in Manhattan on Tuesday (Sept. 14), offering delivery in 15 minutes or less. Buyk has its sights set on expanding throughout the five boroughs by the end of this year and to operate across the biggest metro areas in the country in 2022.
See also: Kroger Launches Virtual Store With Instacart for 30-Minute Grocery Delivery
Supermarket Fulfillment Goes Express With Stor.ai’s Picking App
End-to-end grocery fulfillment firm Stor.ai has rolled out a new picking app with proprietary features to help its retail customers combine numerous strategies to fulfill orders in a timelier manner. Handling hundreds of merchants in North America, Europe and the Middle East, Stor.ai’s new app can help improve pickers’ time management while also enhancing the customer experience.
