Delli, a London, UK-based community-focused food and beverage company, raised $7.2M in funding.
The round was led by Balderton and HV Capital.
The company intends to use the funds to accelerate growth and expand operations.
Founded by Simon Beckerman, Delli is a community food and drink platform that uses the “drop” model to sell products (where a limited amount of a new product is released at a set time). This mechanic helps build excitement around each product, and combats obstacles small producers can face like managing food waste, cash and ingredient flow.
Marie Petrovicka, former VP of Markets at Depop, joined him as co-founder and COO earlier this year. The team also includes Natalie Lee Joe and Nebil Kriedi.
Delli Raises $7.2M in Funding. Congratulations to the entire team. I wish you great success in this endeavour.
Shishir Gupta, Founder and CEO, StartupLanes
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