As a new investor, the Munich-based foodtech company Foodji was able to convince Next Food Capital, a European food tech venture capital fund, which was led by Kharis Capital Existing investors Movendo Capital and DLF Venture are also participating in the expanded Series A.
Foodji delivers fresh, healthy, and affordable food to companies throughout Germany. The team, led by founders Nicolas Luig, Oliver Friedmann, Moritz Munte, Felix Munte, and Daniel von Canal, relies on smart food vending machines. AI-powered food delivery is tailored to employees' preferences. The platform behind the Munich-based company collects and analyzes user behavior and adapts the food offerings accordingly. This is intended to enable resource-efficient delivery, expanding the range of options for shift-based operations and companies without a canteen.
The Next Food Capital team has extensive experience in the food and hospitality industry. Kharis Capital's portfolio includes QSRP, a quick-service restaurant platform operating in seven markets with well-known brands such as Quick, Burger King, and the German seafood restaurant chain Nordsee.
“The industry needs innovation”
Laurent Vermer, Partner at Next Food Capital, says about the current investment:
"We've been following Foodji's rapid rise for some time now and are delighted to be on board alongside the founders and co-investors. Foodji has proven that its technology is capable of addressing an acute pain point in the large catering market. The industry needs innovation to meet changing eating habits and the associated expectations. We want to leverage our extensive expertise in the hospitality industry to help Foodji continue to grow with its disruptive platform."
Daniel von Canal, co-founder and managing director of Foodji, adds:
"With Next Food Capital, we have found a strategic partner with whom we have long-standing relationships and who possesses valuable expertise in the areas of food tech and supply chain. Efficiency and sustainability along the entire value chain are core components of our value proposition. With this new financing, we aim to further optimize the operational process steps in our supply chain and shape our growth in a sustainable and future-proof manner."
Growing cost and efficiency pressure in company catering
In November 2024, Foodji also became the first European company to secure a Hybrid financing of up to 25 million euros by the Swedish investor P Capital Partners. With this and the newly acquired capital, the foodtech company aims to further expand its presence in the German corporate catering market.
“At a time when many companies have to use their resources particularly efficiently and consciously in the face of rising costs and economic uncertainty, employee catering is increasingly being questioned,”
explained Felix Munte, co-founder and CEO of Foodji. He continues:
"Especially in the last six months, we have experienced growing cost and efficiency pressures in corporate catering. Canteen closures are often the result. This is precisely where we come in: We want to offer companies a flexible and cost-effective catering solution that is also profitable in hybrid work models and can be scaled according to needs. Healthy and fresh food in the workplace should be accessible to all employees – regardless of company size."
