Too Good To Go Raises €6M in Funding

toogoodtogoToo Good To Go, a Copenhagen, Denmark-based provider of a food waste app, raised €6m in funding.

Backers included Preben Damgaard, Mike Lee, and Jesper Lindhardt.

The company, which has raised €18m to date, intends to use the funds to continue to expand its reach.

Led by CEO Mette Lykke, TGTG provides a mobile app that connects users with surplus food from restaurants, cafes, supermarkets, bakeries etc., that otherwise would have to be thrown out. Users can download the app (available on iOS and Android), find a restaurant near them, order food at massively reduced prices and head to the restaurant to collect it about 30 minutes before closing time.

Started in Denmark in November 2015, the company has since expanded to 9 further countries.



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