Too Good To Go has announced a capital raise of EUR 25.7m led by the French growth stage venture fund blisce/, investing EUR 12.7m, with participation from existing shareholders and employees.
The mission of Too Good To Go is to inspire and empower everyone to fight food waste together – with the ultimate vision of creating a world with no food waste. Founded in 2016, Too Good To Go has swiftly become the global market leader within B2C marketplaces for surplus food, having saved 50 million meals to date.
The company is active in 15 countries across Europe and launched in the US in the fall of 2020. On its marketplace, Too Good To Go has connected 65,000 stores (supermarkets, bakeries, restaurants etc.) with 30 million consumers.
With presence established in all major European markets, Too Good To Go has already initiated its US expansion with launches in Boston, New York and parts of New Jersey. Given the successful early ramp-up, Too Good To Go has through the capital raise secured additional funding to accelerate its US roll-out.

Contact

Thomas B. Lindquist

Thomas B. Lindquist

Head of Investment Banking Denmark

thomas.lindquist@abgsc.dk +45 31 24 17 00