Startups and VCUpdated November 2

Percent Labs targets more than 40,000 monthly orders within 18 months

Percent Labs currently processes more than 10,000 orders a month. It aims to exceed 40,000 monthly orders within 18 months—about four times its current volume. The company says the funding will support operational expansion and the development of new food products and brands. Those brands operate through shared cloud-kitchen infrastructure, the setup behind its delivery-focused business.

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Coverage started October 31