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ezCater Raises $150M to Expand Global Catering Marketplace

Today, online catering marketplace ezCater announced it’s closed a $150 million Series D-1 round, co-led by Lightspeed VenturePartners and GIC. This comes nine months after ezCater raised a $100 million Series D round. It brings the catering giant’s total funding to $320 million and puts them at a $1.25 billion valuation, making them a food tech unicorn. And as far as…

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ezCater Raises $150M to Expand Global Catering Marketplace

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Today, online catering marketplace ezCater announced it’s closed a $150 million Series D-1 round, co-led by Lightspeed VenturePartners and GIC.

This comes nine months after ezCater raised a $100 million Series D round. It brings the catering giant’s total funding to $320 million and puts them at a $1.25 billion valuation, making them a food tech unicorn. And as far as we’re aware, they’re the first food tech catering unicorn.

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Top 100 beverage companies report calls mergers and acquisitions the new normal

Top 100 beverage companies report calls mergers and acquisitions the new normal

Beverage Industry's Top 100 Beverage Companies report, ranked on 2025 fiscal-year sales, says mergers and acquisitions seem to be the new normal for the global beverage market. Hain Celestial is selling its international business for $323 million, its second major divestiture this year. Gulf Distributing, the 2026 Wholesaler of the Year, represents more than 1,000 brands, while suppliers such as OLIPOP and BUM Energy keep releasing limited-edition products.

  • 01A supplier list built on 2025 sales already reads differently from the one before it: Beverage Industry's editors attribute the exits from their Top 100 to mergers and acquisitions, so supplier-master records and contracts at distributors and retailers are the place the change lands.
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44% of higher-income shoppers are buying more private label

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  • 01Premium private label is no longer a niche: Simon-Kucher found 56% of higher-income consumers intentionally buy premium store brands, a useful benchmark for assortment planning.
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