Brazilian foodtech Floki raises US$10 million

Marcelo Espiga and Luigi Rodrigues, Floki founders (Photo: Floki).

The startup that supplies restaurants raised US$10 million in a round led by the NFX and Valor Capital funds. Latitude and angel investors Ralf Wenzel (Jork) and Andrés Bilbao (Rappi) also participated.

According to data from Crunchbase, this is the third round of the Brazilian company, which accumulates US$19.2 million in financing.

Marcelo Espiga and Luigi Rodrigues, Floki founders (Photo: Floki).

Founded in 2020 by Luigi Rodrigues and Marcelo Espiga to solve inefficiencies in the field, Floki automates purchasing products from restaurants in exchange for a monthly subscription.

According to a statement, with what was raised in the recent round, they intend to strengthen their service by offering restaurants financial products and purchasing behavior information, among other things.

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The startup that supplies restaurants raised US$10 million in a round led by the NFX and Valor Capital funds. Latitude and angel investors Ralf Wenzel (Jork) and Andrés Bilbao (Rappi) also participated.

According to data from Crunchbase, this is the third round of the Brazilian company, which accumulates US$19.2 million in financing.

Marcelo Espiga and Luigi Rodrigues, Floki founders. (Photo: Floki)

Founded in 2020 by Luigi Rodrigues and Marcelo Espiga to solve inefficiencies in the field, Floki automates purchasing products from restaurants in exchange for a monthly subscription.

According to a statement, with what was raised in the recent round, they intend to strengthen their service by offering restaurants financial products and purchasing behavior information, among other things.

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