Investment

Colombia’s MUY raises $15M in Series B

LatAm ListMUY, a Colombian foodtech startup recently raised a $15M Series B from ALLVP and Seaya Ventures. The startup will use this funding to expand its cloud kitchens into Mexico and Brazil. 

MUY is a virtual kitchen and smart chef system that uses AI to produce food based on forecasts of demand which can help reduce food waste.

According to MUY founder Jose Calderon MUY is serving more than 200K dishes per month.  He predicts that the food service market opportunity in Latin America will reach $270B by 2021.

Read more on TechCrunch.

Learn more about MUY:

MUY Tech closes $4M from Seaya Ventures

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