The Munich foodtech Foodji has convinced Next Food Capital, a European food-tech venture capital fund managed by Kharis Capital, to participate as a new investor in the oversubscribed round. Existing investors Movendo Capital and DLF Venture are also participating in the expanded Series A.
Foodji delivers fresh, healthy, and affordable food to companies throughout Germany. The team around founders Nicolas Luig, Oliver Friedmann, Moritz Munte, Felix Munte, and Daniel von Canal relies on smart food vending machines. The food offering is customized to employees’ preferences using AI. The platform behind the Munich company collects and analyzes user behavior and adjusts the food offerings accordingly. This enables resource-efficient supply that also expands offerings in shift-based operations and companies without cafeterias.
The Next Food Capital team has extensive experience in the food and restaurant industry. Kharis Capital’s portfolio includes, among other things, QSRP, a quick-service restaurant platform active in seven markets with well-known brands such as Quick, Burger King, and the German seafood restaurant chain Nordsee.
“The industry needs innovation”
Laurent Vermer, partner at Next Food Capital, comments on the current investment:
“We have been following Foodji’s rapid rise for some time now and are pleased to be on board alongside the founders and co-investors. Foodji has proven that its technology is able to address an acute pain point in the large catering market. The industry needs innovation to meet changing eating habits and the associated expectations. We want to leverage our comprehensive expertise in gastronomy to support Foodji in continuing to grow with its disruptive platform.”
Daniel von Canal, co-founder and managing director of Foodji, adds:
“With Next Food Capital, we have found a strategic partner with whom we have been in contact for a long time and who has valuable expertise in food tech and supply chain. Efficiency and sustainability along the entire value chain are core components of our value proposition. With the new funding, we want to further optimize operational process steps in our supply chain and shape our growth sustainably and future-proof.”
Growing cost and efficiency pressure in corporate catering
In November 2024, Foodji also became the first European company to secure hybrid financing of up to 25 million euros from Swedish investor P Capital Partners. With this and the newly acquired capital, the foodtech company plans to further expand its presence in the German corporate catering market.
“At a time when many companies must use their resources particularly efficiently and deliberately in light of rising costs and economic uncertainty, employee catering is increasingly being questioned,”
explains Felix Munte, co-founder and managing director of Foodji. He continues:
“Over the last six months in particular, we have experienced growing cost and efficiency pressure in corporate catering. Cafeteria closures are often the result. That’s exactly where we come in: we want to provide companies with a flexible and cost-effective catering solution that is profitable even in hybrid work models and can scale according to needs. Healthy and fresh meals at the workplace should be accessible to all employees – regardless of company size.”
