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Venture Capital News: Weee! Collects $425 Million Funding in Series E

2022-02-28
FREMONT, CA, Online-grocer Weee! has raised $425 million in a late-stage funding round led by SoftBank Vision Fund 2.
According to Reuters, online-grocer Weee! has raised $425 million in a late-stage funding round led by SoftBank Vision Fund 2. Greyhound Capital and existing shareholders also took part in the round that took the start-up's total capital raised so far to $800 million.

Weee! was founded in 2015 with the belief that quality, freshness, and accessibility shouldn't ever be compromised when it comes to food. Loved and recognized as a trusted household brand among underserved communities, Weee! makes convenient and affordable access to specialty products and everyday essentials possible. Products are guaranteed to be delivered at peak freshness and priced lower than or comparable to offline stores. No subscription is required to shop and next-day delivery is free with a low order minimum. The company continues to redefine online grocery shopping by leveraging social e-commerce and proprietary forecasting technology.
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