News & Podcast
Stay up to date with the latest stories, deep-dives and interviews from the Munich startup ecosystem. From funding deals to founder portraits and tech trends.
AI instead of tablets and phone stress: Allo raises over 12 million euros for restaurant software
In previous years, Munich-based restaurant startup Allo was able to secure financing. But the new Series A funding surpasses these. A real milestone for the startup founded in 2020.
Allo: Rethinking the digital platform for gastronomy
With Allo, Cancan Liu, Teodor Rupi, and Benedikt von Lewinski are digitalizing local restaurants – with a focus on ethnic gastronomy. In two funding rounds, the founders have successfully raised around 6 million euros for their startup. Why they rely on in-house development and what perseverance has to do with growth, you can read here in the interview.
Allo and Finmid launch financing solution
Munich-based startup Allo partners with Finmid to provide fast access to financing for over 1,000 restaurants. Ethnic businesses in particular are expected to benefit.
Seed round: €4.6 million for restaurant startup Allo
The Munich-based restaurant SaaS startup Allo has successfully completed a seed financing round worth €4.6 million (US$5 million). Lead investor in the round is 20VC, with professional footballer Mario Götze participating as an angel.
Restaurant startup Allo raises 1.4 million euros
The Munich-based SaaS startup Allo wants to revolutionize how restaurants operate with its solution. The young company is now receiving 1.4 million euros from Keen Venture Partners, Delivery Hero supervisory board chair Martin Enderle, and other business angels.