• Grain

  Participated · Series B · May 2019

  Grain operates a full-stack cloud-kitchen model, running its own chefs, menus, hub kitchens and last-mile delivery to control product quality. Founded in 2014 and based in Singapore, the company is profitable, has more than 100 staff and delivers thousands of meals per day. It reports eight-figures in annual sales and saw 200% growth last year. Grain is preparing regional expansion starting with a launch in Bangkok and is expanding hub kitchens and a fleet of retrofitted delivery trucks. Management says it tightened fundamentals after nearly running out of capital and rebuilt quality infrastructure following a 2017 food-poisoning incident. The company previously raised a $1.7M Series A in 2016. Grain runs a vertically integrated food delivery service in Singapore, preparing, cooking, managing orders and delivering meals through its own logistics. It keeps a narrow rotating menu (four meals daily) priced at SG$9.95–SG$12.95 with delivery fees that vary by area, a model the company says enables unit profitability. Grain employs about 50 people, including 10 in tech, and plans to increase headcount with the new funding. A significant portion of the financing will be used to improve operational efficiency, including deploying mobile distribution hubs to cover 2.5km² areas and speed last‑mile delivery via scooters, bicycles and foot couriers. The hubs will allow better temperature control of meals and could enable an expanded menu (potentially six meals per day). Grain is focused on developing its Singapore operations while planning expansion to Hong Kong later in the year and considering Shenzhen, Beijing and Indonesia for the future.

No current team members are available.