Burda Principal Investments is the international growth capital arm of Hubert Burda Media, supporting fast-growing digital and consumer technology companies.
Portfolio
2
companies
HungryPanda
HungryPanda operates an international food delivery platform focused on Asian cuisine.
Bloom & Wild
Bloom & Wild provides online flower and plant delivery services across Europe.
Perwyn led the financing round alongside backers including Kinnevik, 83North and Felix Capital.
"HungryPanda has achieved exceptional growth over the last four years. We now have the ability and experience to launch and operate in new cities in just two weeks and have established ourselves as the market leader due to our laser focus on developing the best service and providing high-quality products for our customers."
The company secured additional equity from existing investors alongside a separate debt facility.
General Catalyst led the round, which will finance the company's international growth strategy and technology scaling.
"We’ve been extremely fortunate in 2020 to accelerate our growth, strengthening our expertise in technology-enabled, customer-centric flower gifting. We’re privileged to have played our part in keeping people connected in this difficult period, and I’m proud of our growing team for scaling our operations whilst maintaining the signature thought and care we put into every order. With this new backing from General Catalyst and Index we start 2021 with renewed energy to pursue our vision of becoming the world’s leading and most loved flower company."