FAVO is a forward-thinking startup with a vision to revolutionize the dining experience by bringing the restaurant to the customer's doorstep. Founded in 2017 and headquartered in Sweden, the company received a $811.30K seed round investment on 19 February 2019 from Wilhelm Vintilescu and Christian Belander. The company's slogan "Dining Designed For Delivery" captures its core essence. FAVO doesn't just aim to offer convenient meal delivery; it's redefining the social aspect of dining by creating a virtual dining experience that mirrors the authenticity and excitement of exploring the street food markets of global culinary hotspots - New York, Tokyo, London, and Los Angeles. FAVO is not only reimagining the dining experience for consumers but also for its employees. Their focus on creating an exceptional workplace, going beyond regulatory expectations, and empowering their young and ambitious staff to shape the company's future demonstrates their commitment to a holistic approach. Moreover, FAVO's emphasis on developing a menu specifically tailored for delivery and creating innovative packaging solutions further exemplifies their dedication to ensuring that the quality and service synonymous with fine dining are not compromised despite the delivery model. This attention to detail extends to their staff, who embody the brand's values and maintain a personalized approach when delivering orders. In summary, FAVO stands out as a promising disruptor in the food delivery industry, leveraging technology and innovation to not only meet but exceed consumer expectations, making it an attractive prospect for venture capital investment.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $811.30K | 2 | Wilhelm Vintilescu, Christian Belander | 19 Feb 2019 |
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