Foodology, a Colombian startup specializing in cloud kitchens and virtual restaurants, secured $17M in financing.
The round included participation from Andreessen Horowitz, Chimera, Daedalus Ventures, and 30N Ventures.
The capital will help Foodology solidify its leadership position in Brazil.
“We are thrilled to be part of Foodology’s growth. They are redefining how we interact with gastronomy in Latin America”, said 30N Ventures’ Managing Partner, Salvador Said.
Foodology operates 85 cloud kitchens in Colombia, Mexico, Brazil, and Peru and delivers over 300,000 orders per month.
The company model focuses on developing and scaling original and third-party restaurant brands in Latin American markets within weeks.
Foodology’s model allows the company to rapidly develop and scale original and third-party products to restaurant brands in multiple Latin American markets in a matter of weeks.
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