PE Tech Report


Like this article?

Sign up to our free newsletter

Food tech’s newest unicorn Flipdish hits USD1.25bn valuation after Tencent-led cUSD100m investment

Flipdish, an international online ordering and digital experience platform for hospitality, has received a cUS100 million investment led by Tencent.

The funding values the company at over USD1.25 billion and follows a USD48.5m investment from Tiger Global Management in February 2021.

Tencent join other existing Flipdish investors Global Founders Capital, Elkstone, Enterprise Ireland and Growing Capital.

Founded by brothers Conor and James McCarthy in 2015, Flipdish provides technology that powers QR code ordering & payment at the table, online ordering for pick-up and delivery, self-service kiosks, customer loyalty programs, and digital marketing.

Like this article? Sign up to our free newsletter