Weee! Raises $425M in Series E Funding

Weee!, a Fremont, CA-based Asian and Hispanic ethnic e-grocer, raised $425M in Series E funding.

The round was led by SoftBank Vision Fund 2 with participation from Greyhound Capital. Lydia Jett, Managing Partner at Softbank Investment Advisors, will join Weee!’s Board of Directors as part of the Series E.

The company intends to use the funds to expand its offering across new and existing ethnicities, scale grocery and food delivery services to new geographies, and advance warehouse automation and AI innovations to further improve its customer experience.

Led by CEO  Larry Liu, Weee! is an Asian and Hispanic e-grocer in the U.S., delivering more than 10,000 locally sourced goods from around the globe directly to customers. The company continues to expand its Chinese, Japanese, Korean, Vietnamese, Filipino, Indian and Latin offerings for customers, adding more than 500 new products per week, and plans to expand to other ethnicities in the future. Weee! also partners with more than 1,000 restaurants to offer authentic food-at-home options for customers.

FinSMEs

28/02/2022