Skip to main content

Taster creates restaurants for Deliveroo and UberEats

French startup Taster, formerly known as Mission Food, is building restaurants around big cities specifically for Deliveroo, UberEats and Glovo. These restaurants don’t have any table, they’re all about serving food on online platforms.

The startup just raised a $4 million funding round led by Sunstone Capital, with Global Founders Capital, Thierry Gillier and LocalGlobe also participating. Kima Ventures and Marc Menasé participated in the previous round.

If you look at food startups, it all started with Just Eat, GrubHub and Seamless listing restaurants with delivery fleets. This way, instead of keeping a pile of flyers with phone numbers, you can find all the pizza and sushi places on one single site.

But Deliveroo, UberEats, Glovo and Postmates introduced a new chunk of restaurants to deliveries. For the first time, regular restaurants could start accepting online orders. Startups could take care of the orders and deliveries.

And some restaurants have become instant hits on those platforms. But it doesn’t necessarily scale as much as they would want. They’re still constrained by the size of their kitchens, and opening a new restaurant is a big deal.

That’s why Deliveroo started investing in satellite kitchens for the most popular restaurants — these kitchens are basically containers on car parks.

Taster doesn’t want to work with existing restaurants. The company wants to create new restaurant chains instead and control the menu and the kitchens.

The name Taster might not be familiar, but you may have already ordered from a Taster virtual restaurant. The company has set up three Mission Saigon in Paris, one in Madrid and one in Lille.

You may have also ordered from O Ke Kai’s two restaurants in Paris. More recently, Taster launched Out Fry.

As you can see, Taster has been quite aggressive when it comes to rolling out new restaurants. When you find those “restaurants” on Deliveroo or another platform, nothing tells you that it isn’t actually a restaurant but just a kitchen.

This is a smart approach as Taster can keep the costs down. It doesn’t need to rent big spaces, it doesn’t need as much staff and it doesn’t handle deliveries. By listing its restaurants on third-party platform, Taster can also more easily compete with full-stack startups, such as Frichti, Nestor, FoodChéri and others.

But Taster’s success might be an issue. If the startup manages to take over Deliveroo and UberEats, traditional restaurants might complain. Deliveroo and UberEats could also change their rules and delist them overnight.

Taster is highly dependent on those third-party platforms. But it shouldn’t be an issue for now as more restaurants bring more customers for delivery companies.



from Startups – TechCrunch https://ift.tt/2KvzMoe

Comments

Popular posts from this blog

Thousands of cryptocurrency projects are already dead

Two sites that are actively cataloging failed crypto projects, Coinopsy and DeadCoins , have found that over a 1,000 projects have failed so far in 2018. The projects range from true abandonware to outright scams and include BRIG , a scam by two “brothers,” Jack and Jay Brig, and Titanium , a project that ended in an SEC investigation. Obviously any new set of institutions must create their own sets of rules and that is exactly what is happening in the blockchain world. But when faced with the potential for massive token fundraising, bigger problems arise. While everyone expects startups to fail, the sheer amount of cash flooding these projects is a big problem. When a startup has too much fuel too quickly the resulting conflagration ends up consuming both the company and the founders and there is little help for the investors. These conflagrations happen everywhere are a global phenomenon. Scam and dead ICOs raised $1 billion in 2017 with 297 questionable startups in the mix. The

Dance launches its e-bike subscription service in Berlin

German startup Dance is launching its subscription service in its hometown Berlin. For a flat monthly fee of €79 (around $93 at today’s exchange rate), users will get a custom-designed electric bike as well as access to an on-demand repair and maintenance service. Founded by the former founders of SoundCloud and Jimdo , the company managed to raise some significant funding before launching its service. BlueYard led the startup’s seed round while HV Capital (formerly known as HV Holtzbrinck Ventures) led Dance’s €15 million Series A round, which represented $17.7 million at the time. E-bike subscription service Dance closes $17.7M Series A, led by HV Holtzbrinck Ventures The reason why Dance needed so much capital is that the company has designed its own e-bike internally. Called the Dance One, it features an aluminum frame and weighs around 22kg (48.5lb). It has a single speed and it relies on its electric motor to help you go from 0 to 25kmph. And the best part is that you