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§ Private Profile · Petaling Jaya, Selangor, Malaysia
Cloud-based platform automating F&B procurement, inventory, and ordering for restaurants, central kitchens, and suppliers, reducing waste.
FoodMarketHub is a cloud-based software-as-a-service platform based in Petaling Jaya, Malaysia, that automates procurement, inventory tracking, and ordering for food and beverage outlets and their suppliers. The system utilizes artificial intelligence for purchase forecasting and integrates embedded financial technology solutions to streamline back-end operations across the broader supply chain. The company has raised $8.5 million in total funding and processes approximately $200 million in annual purchase orders across its digital network. Operating primarily in Southeast Asia and Hong Kong, the platform serves over 2,000 restaurant locations, including major enterprise customers such as Din Tai Fung, Kentucky Fried Chicken, and Putien. The enterprise is backed by institutional investors including Go-Ventures and SIG, and recently appointed former NIUM executive Amit Prakash Gupta as its chief technology officer. FoodMarketHub was founded in 2017 by Anthony See and Shayna Teh.
FoodMarketHub has raised $12.5M across 2 funding rounds.
FoodMarketHub has raised $12.5M in total across 2 funding rounds.
FoodMarketHub has raised $12.5M across 2 funding rounds. Most recently, it raised $8.5M Series A Extension in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 6, 2021 | $8.5M Series A Plus | AC Ventures | 500 Startups, Capital Code, East Ventures, GO Ventures, SIG, Velocity Ventures | Announced |
| Nov 18, 2020 | $4M Series A | GO Ventures, SIG | — | Announced |
FoodMarketHub has raised $12.5M in total across 2 funding rounds.
FoodMarketHub's investors include AC Ventures, 500 Startups, Capital Code, East Ventures, Go-Ventures, SIG, Velocity Ventures.