Planning to expand the team and improve logistics
Living Food, a Bengaluru-based startup, has announced the closing of a $7.5 million Series A funding led by Amasia, a thesis-driven global venture capital firm investing in sustainability via behavior change.
Other participating investors included SOSV, Blume Founders Fund, and notable angel investors, including Xander Group Founder Sid Yog and Nexus Venture Partners Co-founder Sandeep Singhal.
Focused on delivering ’insanely fresh’, locally sourced, and high-quality products to consumers within the day of harvest or production, Living Food started off in 2018 as a vertical climate control hydroponic farm in the founder’s Bengaluru apartment, selling farm-to-table subscriptions.
Since then, the company has expanded to include over 700 SKUs in 24 categories, such as seasonal fruits, leafy greens, fresh bread, artisanal chocolates, spreads and sauces, cold-pressed oil, and many more in Bangalore and offers a selection of products also for nationwide delivery.
The startup plans to expand to Mumbai in early 2022 and to more markets later in the year. With the new round of funding, the company will expand the team, improve logistics and tech offerings, and launch new brands.