RobinFood raises $32m in new round

RobinFood, Latin America’s largest cloud-based restaurant firm, has closed a fresh 32 million dollar financing round led by Blue Like an Orange Sustainable Capital (BLAO), Palm Drive, and Minerva Capital. Bethia, Semillero Partners, and MGM Sustainable Energy were also among the investors in the round.

RobinFood has been a market leader since its inception, drawing investment from firms such as ALLVP from Mexico, Seaya from Spain, Endeavor Catalyst from the United States, and 14W from the United Kingdom.

Given its disruptive technology and unique sustainability programmes that are already having a huge impact in the countries where it works, Robin Food announces this additional investment as part of the company’s significant growth in Latam.

“This new round will allow us to strengthen our presence in Colombia and position ourselves as market leaders in Mexico and Brazil, launching 10 new brands, reaching more than 100M USD in ARR by end of 2022 and more than 1,000 brand locations. We are currently in 29 cities, and we hope to be in 100 by the end of 2022,” says José Guillermo Calderón, CEO of RobinFood.