ALLVP Leads USD15 Million Series B Round for Muy

Source(s): TechCrunch | Author(s): Anna Escher

Mexico-focused venture capital firm ALLVP has led a USD15 million Series B financing round for Muy, a Colombia-based ‘cloud kitchen’ startup. Latin America-focused venture capital investor Seaya Ventures also participated in the round. Through its network of centralized kitchens and 20 physical dining locations, Muy allows users to place personalized food orders for delivery or takeaway. The company will use the new capital to fund its expansion into Mexico and Brazil.