More cash for online food ordering startups: Lieferando raises $18.8 million

More cash for online food ordering startups: Lieferando raises $18.8 million

Berlin-based online food ordering firm yd.yourdelivery GmbH has raised 15 million euros (approximately $18.8 million) in funding to boost its meal delivery platforms Lieferando.de (also live in Austria and Switzerland), taxiresto.fr and pyszne.pl.

The financing round was led by Macquarie Capital Group and brings the startupÔÇÖs total capital raised to 20 million euros ($25 million).

So. Much. Tech.

Some of the biggest names in tech are coming to TNW Conference in Amsterdam this May.

Existing shareholders BCM Bruker Capital Mangement, Doultin, DuMont Venture, INVESTER Private Equity, Mountain Super Angel and Rheingau Ventures also participated in the round.

Lieferando enables people to order food online and have it delivered at their door or their office thanks to agreements with more than 8.800 delivery partners across the companyÔÇÖs European markets.

The company is up against Delivery Hero, also a Berlin startup, which has just raised 25 million euros in new funding and is making acquisitions left and right.

Another major rival is Just-Eat, which recently took $64 million in new funding and is also making acquisitions left and right.

Okay, okay, IÔÇÖll pun it: looks like the competition is heating up.

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