ImpactAlpha, Jun. 2 – Colombian startup RobinFood operates physical and virtual restaurants that make and deliver affordable, homemade food. The company deploys artificial intelligence to forecast demand and reduce food waste. To serve Latin’s America’s large low-income population the company has focused roll-out on mega cities in Colombia, Mexico and Brazil and allows customers to pay with a variety of new digital options.
RobinFood raised $32 million in a round led by Blue like an Orange, which invested $10 million, Palm Drive, and Minerva Capital.
“We are also excited to support a company which aims to reduce food waste and improve its sustainability practices, including employment practices, with such seriousness,” said Rashad Kaldany of Blue Like an Orange, which says it will work with the company “to maximize its positive social impact, while minimizing environmental harm.”