Tech Crunch – GrubMarket raises $50M at a $3.5B+ valuation to build AI for the $1 trillion food distribution industry

Posted on March 18, 2025

U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of […]