Y?ld?z Ventures Newsletter – Jul’22
Breaking News - ?? Online grocery:
?? Usage of top grocery apps hits record in Q1’22, data shows - link
? Insiders at $12 billion ultrafast delivery startup Getir describe a culture that chews through workers, sends delivery people to the ER, and has 'zero' chance at profitability - link
?? Zomato acquires Blinkit for $568 mn in instant-grocery delivery push - link
?? DoorDash kicks off dark store-powered rapid delivery as a service - link
? JOKR leaving US, ‘for now,’ to focus on LatAm - link
?? Ocado’s one-hour delivery arm Zoom by Ocado launches first major marketing campaign - link
? Zapp in talks to leave Amsterdam, the city fast becoming the grave of speedy grocery - link
? Fast-Delivery Startup Jokr Cuts Back US Operations to Focus on Latin America - link
?? Gorillas Turns Focus to Profitability After Market Stutters. ?- link
?? Gorillas Explores Options, Weighed Deals With Delivery Rivals - link
? Gorillas in the Midst of Funding Crisis as Firm Tightens Belt - link
? Layoffs are happening across the speedy grocery delivery sector as Gorillas is firing half of its employees at its Berlin headquarters just eight months after its most recent funding round. Glovo is cutting almost 40% of employees from Foodpanda’s Romanian office just months after its acquisition. Zapp is in talks to cut 10% of its staff. And Getir, which is currently valued at $12 billion, is looking to axe 14% of its staff globally
?? Deliveroo launches advertising platform pitched at fmcg brands - link
?? Deliveroo’s rapid grocery arm Hop launches ‘as-a-service’ model - link
?? The delivery market is coming down from its pandemic highs - links
?? DoorDash buys food delivery startup Wolt. After more than six months of jumping through legal and regulatory hoops, DoorDash's €7bn deal for its competitor Wolt is finally complete. - link
?? Egyptian q-commerce platform Appetito bags Lamma for over $10M - link
?? With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East - link
?? Australian grocery delivery startups face funding difficulties as venture capital checks out - link
Startups / VC News:
?? Venture Funding Set to Hit Lowest Level Since 2020 - link
?? KPMG’nin startup’lara büyüme yolculuklar?nda ???k tutacak Startup Ba?ar? Rehberi yay?mland? - link
?? Helo! Investment Spotlight: May 2022 Turkish Startup Report - 35 investments from 19 different industries created a total value of approximately USD 44 million, while wellness/beauty, e-commerce, gaming, delivery/logistics and HRTech are among the leading industries. – link
?? Dijital sa?l?k giri?imi Albert Health, Sabanc? Ventures liderli?inde 1 milyon dolar tohum yat?r?m ald?. - link
?? ?zmir merkezli B2B e-ticaret platformu DepoDone, 15 milyon dolar de?erleme üzerinden yat?r?m ald? - link
??? Wonder, a food delivery startup, raised $350M at a $3.5B valuation. Created by the founder of?Diapers.com?(sold to Amazon) and?Jet.com?(sold to Walmart), Wonder has a new take on food delivery. It sources famous chefs to create recipes on mobile restaurants (recipes are cooked inside minivans!) - link
? VC market faces 'rational reality' reset, investors warn - link
?? Mükellef, yeni markas? Workhy ile globale a??l?yor - link
? How bad is Big Tech’s hiring freeze? - link
?? SaaS valuations slide for late-stage deals I link
?? One-Stop-Shop ?deme ge?idi sunan yerli fintech Craftgate, 2 milyon dolar tohum yat?r?m ald? - link
?? The Glimpse Group acquires PulpoAR, a Turkey based AR technology e-commerce company providing virtual try-on solutions primarily for the Beauty and Retail markets - link
?? Odilo, “Netflix” for education, a Madrid-based startup that has built a white-label platform used by businesses or organizations to build their own customized e-learning offerings in a B2B2C model, has picked up $64 mn - link
?? Merkeziyetsiz borsa platformu Mangata, Paribu Ventures'?n da kat?l?m?yla 4.2 milyon dolar yat?r?m ald? - link
?? Erken a?ama ?irketler i?in finansal ??zümler sunan Debite, 2.5 milyon sterlin yat?r?m ald? - link
E-commerce / Grocery: ???
??? Amazon cancels, delays wave of warehouse plans as e-commerce demand cools - link
??? Shopify: Amazon-like e-commerce expansion comes with big bills - link
?? Türkiye'nin ?nde gelen e-ticaret platformlar?ndan Trendyol'un gayrimenkul aya?? olan Trendyol Emlak a??ld?.?- link
?? Cross-shopping grocery stores - Multiple grocers, one order: How a heartland delivery firm is recreating multi-store shopping online - link
?? Hepsiburada’ya Amazon modeli: Premium üyelerine BluTV ücretsiz olacak - link
?eBay to Lose 4 Million Active Buyers After Shutting Down Turkish Marketplace GittiGidiyor / Türkiye’nin en k?klü e-ticaret platformlar?ndan GittiGidiyor kapan?yor - link - link
??? eBay is launching an interactive live shopping platform - link
?? B2B marketplace scores Pakistan’s largest series A with $37m raise - link
?? Boyner'den h?zl? teslimat odakl? ?nce dene sonra ?de servisi: Boyner Now - link
?? Zara may be in the midst of changing the parameters of e-commerce returns for apparel retailers by charging for some returns. - link
??? Inside the Perfect Storm Battering the Amazon Aggregator Ecosystem - link
??? Amazon is still coming up short with online grocery: report - link
??? To manage high-demand products, Amazon unveils invitation-based ordering system - link
?? Pardon the Disruption: A wave of regional grocery M&A is coming - link
?? Yemeksepeti CEO’su Mert Baki, markan?n de?i?en tasar?m?n?, ?irketin hedeflerini ve yeni projelerini anlatt? - link
Online -> Offline
?? Ocado has extended its partnership deal with French retailer Groupe Casino, the British online supermarket and technology group. The extension includes the creation of a joint venture to provide logistics services to Ocado-powered customer fulfillment centers in France, which will be available to all grocery retailers. - link
?? Asda and Uber Eats expand partnership to more than 400 stores - link
??? Amazon announces its first fully autonomous mobile warehouse robot - link
?? Instacart and Walmart Canada launch virtual convenience store - link
Offline -> Online
?? J&T, Foodpanda team up to provide next-day delivery in Singapore - link
?? Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear link / Walmart, AR giri?imi Memomi'yi sat?n ald? - link
?? + ??? Retail Startup Brik + Clik Explores New Ways For Digital Brands To Get Physical - link
??? Walmart is using its thousands of stores to battle Amazon for e-commerce market share - link
??? Walmart launched a lot of apparel and home brands. Now, that strategy will be put to the test - link
?? Migros, "Migros Yemek" servisi ile online yemek sipari?i sekt?rüne ad?m att?. Migros'un online kanallardaki geli?imini art?rmak amac?yla kurdu?u Migros One uygulamas?, Migros Yemek servisi ile birlikte online yemek sipari?lerini kullan?c?lar?na ula?t?racak. – link - link
?? Turkcell, dijital banka kurmak i?in ilk ad?m? att? - link
??? Turkcell'den yeni e-ticaret ??zümü: Paycell Vitrin - link
FoodTech / Food Companies??
?? Big food companies’ stake in the future – in-house venture-capital funds - link
?? The cell-based consumer goods & raw materials industry landscape - link
?? G?da teknolojilerinde yeni bir halka: Karanl?kta bitki yeti?tirilmesi - link
?? What's behind major mults delisting Mars vegan choc? Mars insists its chocolates should be ranged in the free-from aisle, despite being unable to label its chocolate ‘100% dairy-free’ - link
领英推荐
?? Confectionery giant Hershey has applied for a patent to protect its technique of replacing milk proteins in chocolate with roasted grains, such as corn, oats, millet, rice, sorghum, or wheat, which it claims makes it less unhealthy than dairy chocolate. - link
?? Mondelēz International is buying snack bar maker Clif Bar & Company for $2.9 billion, expanding Mondelēz’s global snack bar business to more than $1 billion and giving it major presence in the category. FYI: it took Clif Bar 30 years to grow the company to $900M in sales and the exit is around a 3.2x rev. multiple - building a food business is hard. - link
???Mars, Inc.?has partnered with?Perfect Day, Inc.?to launch its first?animal-free and earth-friendly chocolate line, under new brand?CO2COA, featuring Perfect Day’s whey protein, made via precision fermentation - link
?? Andreessen Horowitz backs SCiFi Foods as it develops cell-cultivated, plant-based burger - link - link
?? Brown Foods ushers in new age of dairy, raises a ‘latte’ money for cowless cow’s milk - link
? Brands, government and consumers can’t rely on unhealthy food. The government’s decision to postpone bans on advertising for junk food and multibuy deals on salty and sugary snacks in the UK is understandable, but it also raises some difficult questions - link
?? Big food’s unhealthy products leave bitter taste for ESG investors - link
?? Nestlé announced it is buying Brazilian healthy food company Puravida, that’s generated revenue of R$300 million during the six years since its inception, for an undisclosed amount. I link
?? Chocolate giant Barry Callebaut is expanding its Plant Craft collection with the introduction of dairy-free organic chocolate to “optimize new opportunity in the world of indulgence”. - link
?? Co-op and Microsoft team up to create new food redistribution platform - link
? EG Group stops one million meals from going to waste in UK with Too Good To Go - link
?? üniversitede do?an yerli sa?l?kl? g?da giri?imi Pacha, ikinci yat?r?m turunu tamamlad? - link
Sustainability:
? Can investors make retail sustainable? - link
? ?effafl?k ve ?zlenebilirlik Tüketici Ara?t?rmas? 2022 Sonu?lar? A??kland? - link
??? Harvard Business Review – Sürdürülebilirlik Zirvesi 2022 - link
Metaverse / Blockchain:
?? Bitcoin posts its worst quarter in more than a decade - link
?? 2022'nin ilk ?eyre?inde Metaverse NFT'leri pazara liderlik etti - link
?? EBay Acquires NFT Marketplace KnownOrigin for Undisclosed Amount - link
?? Damat Tween metaverse'te - link
? Why the $2 trillion crypto market crash won’t kill the economy - link
?? McKinsey: Metaverse may create $5 trillion in value by 2030 - link
?? Metaverse evreninde al??veri? yapmak isteyenlerin oran? yüzde 38 - link
?? COMEARTH: Polygon ve NFTically i? birli?iyle e-ticaret odakl? Metaverse -
?? Ethereum just completed a successful dress rehearsal for its most important upgrade ever - link
?As DAOs continue to blossom, here’s how to keep yours from wilting - link
?? PayPal allows transfer of crypto to external wallets - link
?? Immutable launches $500M fund to boost web3 gaming adoption link / Immutable, Web3 oyun ekosistemi i?in 500 milyon dolarl?k fon kurdu - link
? US market regulator probes Binance for token offering in 2017 - link
?? Tommy Hilfiger expands Roblox partnership - link
?? Top crypto firms go on the hunt for acquisition targets as market crashes - link
?? Teknasyon'dan kripto cüzdan uygulamas?: Getwallet - link
?? Binance Labs Closes $500M Investment Fund to Boost Blockchain, Web3, and Value-Building Technologies - link
?? Prada plans monthly product, NFT drops - link
?? Gucci opens persistent digital space on Roblox - link
? Stablecoins: Are they no longer safe? - link
?? Blockchain Talks'un ilk b?lümünde Web3 ve topluluk destekli i? modellerinin gelece?i konu?uldu - link
? Crypto ‘risky, flawed and unproven’ — tech experts - link
?? Metaverse dünyas?n?n oyun kurucusu Türkiye’ye geliyor! - link
?? Defimec Blokzincir Teknolojileri, Tamer Capital’dan 6 milyon dolar de?erleme üzerinden yat?r?m ald? - link
Logistics / Fulfilment:
?? ?Walmart sees a future where drones swoop in to rescue delivery orders from stalled robots, a new patent shows - link
??? UPS strengthens same-day delivery services with Delivery Solutions acquisition - link
?? Amazon says it will begin delivering packages by drone in California later this year - link
?? n11, h?zl? teslimat i?in yerli giri?im PackUpp ile anla?t? - link
?? Drone ile teslimatlar ger?ekle?tiren Wingcopter, 42 milyon dolar yat?r?m ald? - link
??? Deliveree is smoothing Southeast Asia’s bumpy logistics landscape - link
?? Worth Reading
?? Which commodities are still rising and how high can they go - link
?? ?PitchBook Analyst Note: Emerging Tech Braces for Impact - How today’s market turmoil is affecting 11 key technology verticals ?– link
?? ?? It’s Time to Start Buying Big Tech Stocks Bargains, Says This Bearish Analyst - link
?? Elon Musk wants to cut 10% of Tesla jobs. Per Reuters, Musk told Tesla executives to pause all hiring worldwide because he has a "super bad feeling" about the economy. - link
? Apple to offer ‘buy now, pay later’ credit in challenge to Klarna and Affirm - link
?? üretim Band? & Migros One ürün Y?netimi Raporu 2022 yay?nland? - link
?What CEOs Need to Know About Deep Tech (BCG) - link
?PwC Türkiye ge?ti?imiz günlerde “Gelecek Trendleri Ara?t?rmas?” ba?l?kl? bir rapor payla?t?. - link
??? Worth Watching
?? The Future of the Wallet - link
? News from Y?ld?z Ventures Companies
?? Kolay ?K 1.9 milyon dolar yat?r?m ald?. Yat?r?m turuna G?zde Tech Ventures, Maxis Yenilik?i Giri?im Sermayesi Yat?r?m Fonu, Aktif Ventures Mindvest Fonu ve Galata Business Angels da kat?ld? - link - Announcement ??
?? Yildiz Ventures'?n sponsorlu?unu üstlendi?i DAOTalks podcast serisi ilk b?lümüyle yay?nda! - link
??Y?ld?z Holding ile UN Women, kad?n giri?imcili?ini desteklemek i?in gü?lerini birle?tirdi - link
?? 500 Global’in yat?r?mc?lar? aralar?nda bulundu?u yerli oyun giri?imi Cypher Games, Play Ventures liderli?inde 3.2 milyon dolar yat?r?m ald? - link
?? Refine, 500 Global liderli?inde 1 milyon dolar tohum yat?r?m ald? - link
?? Revo Capital - Massive Bio Raises $9 Million to Scale Growth and Fuel Global Expansion of Its AI-Enabled Oncology Clinical Trial Platform - link - link
?? Earlybird fonunun yat?r?mlar?ndan yerli siber güvenlik giri?imi Picus’a Mastercard az?nl?k yat?r?m yapt? - link
?? Param, Avrupa ?mar ve Kalk?nma Bankas? (EBRD), CEECAT Capital, Alpha Associates ve Revo Capital’?n kat?ld??? ilk yat?r?m turunda 200 milyon dolar?n üzerinde de?erleme ile yat?r?m ald?. - link
?? Beenext lead seed round of Indonesian logistics firm Biteship - link