Food-delivery company Wonder Group has received a $100 million investment from Nestle, along with a strategic partnership. Wonder Group aims to sell high-tech kitchen equipment and prepared ingredients to businesses like hotels, hospitals, and sports arenas. The financial terms of the deal have not been disclosed.
Both Nestle and Wonder have confirmed the deal but have chosen not to reveal the transaction details. This funding brings Wonder Group closer to its goal of providing busy families with easier, faster, and more affordable access to high-quality meals at home. The startup, founded in 2018 by serial entrepreneur and former Walmart e-commerce chief Marc Lore, was valued at approximately $3.5 billion after closing a $350 million funding round in June.
Wonder Group recently acquired meal-kit company Blue Apron for $103 million and has also developed kitchen equipment that…
2023-11-07 15:19:37
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