September 07 - 10:09
Food sharing app Olio raises $43m to address the food waste crisis
British food sharing app Olio has raised $43m in a Series B funding round. The platform connects individuals who are looking to offload uneaten food and other household items to nearby neighbours. Olio has five million users, half of which started using the app during the pandemic and it has recently partnered with Tesco. The funding round was led by VNV Global and joined by DX Ventures.
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