Babaco Market operates a sustainable groceries subscription service that collects cosmetically imperfect but edible produce from about 100 producers and distributes them in curated food boxes. It markets and delivers in four Italian regions: Lombardy, Emilia Romagna, Veneto and Piedmont. The company shipped some 35,000 food boxes in 2021 and expects to more than double that figure this year. Babaco was founded in May 2020 by Francesco Gilberti and Luca Massaeretti, inspired by similar US startups. The startup highlights food-waste reduction as a core mission, noting at least 6% of the EU's greenhouse gas emissions come from food waste and pointing to the end of the EU ban on selling misshapen produce. Following its latest raise, Babaco plans an expansion drive into international markets and the recruitment of additional staff.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2022