Announced
Completed
Synopsis
SoftBank Vision Fund 2, a fund manager, led a $425m Series E funding round in Weee, an ethnic e-grocer in North America, with participation from Greyhound Capital, a global growth equity investment firm. "The market for ethnic groceries and food is massively underserved in the U.S., and we believe that Weee! is in a prime position to meet the demands of customers. Weee!'s strong execution capabilities and reach across multiple ethnic groups, coupled with a unique customer experience model leveraging AI, has enabled it to scale effectively in a rapidly evolving grocery market. We are delighted to partner with Larry Liu and the team to support their next phase of expansion," Lydia Jett, Softbank Managing Partner.
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