HungryPanda raises £41m led by Mars Growth Capital to accelerate international expansion.
The funding round was led by Mars Growth Capital with participation from existing backers.
HungryPanda operates an overseas food delivery platform focused on Asian cuisine, connecting users with merchants across multiple countries. The company provides specialized delivery services and targets minority ethnic communities globally.
HungryPanda has secured £41m in new funding led by Mars Growth Capital, alongside continued backing from existing investors. The fresh capital will support the company as it accelerates its expansion into North America and enhances its service offerings.
The business achieved profitability in 2024 while maintaining an annual growth rate exceeding 30 percent. Having previously raised substantial capital in prior rounds, the company enters this new phase of growth with significant scale in the global food delivery sector.
From the founder
"Reaching profitability while maintaining significant growth demonstrates the strength of our business model and our long-term vision. This success is a testament to the dedication and hard work of our entire team."
Eric Liu
Founder and CEO at HungryPanda
Investor perspective
"HungryPanda has been able to carve out an impressive niche in the highly-competitive food delivery vertical, and as a result, has experienced double-digit growth while continuing to strengthen its position as a market leader."
Paul Brodie
Managing Director, Europe, Mars Growth Capital
Use of funds
- 01Expand into international markets
Investors
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About the company
HungryPanda
HungryPanda operates an international food delivery platform focused on Asian cuisine.