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Today: December 8, 2024
March 15, 2024
1 min read

NeoTaste scoops up €21M for restaurant exploration

TLDR:

  • NeoTaste secures €21M in funding for restaurant discovery through Series A extension
  • NeoTaste offers exclusive introductory offers through its app to connect restaurants and customers

NeoTaste, a gastrotech app, has recently closed a successful Series A funding round, raising a total of €21 million. Founded by Hendrik Sander and Tobias Düser, NeoTaste operates a platform that connects restaurants and customers by offering exclusive introductory deals through its app. Users can access these deals, typically in a 2-for-1 format, by subscribing for a monthly or annual fee. NeoTaste has seen rapid growth since its launch in September 2021, with over 750,000 users and partnerships with 3,000 restaurants across Germany and Amsterdam.

The funding round was led by Earlybird Venture Capital, with participation from Burda Principal Investments (BPI). The capital raised will support NeoTaste’s expansion into European markets, with plans to launch in more cities by the end of the year. The company aims to revolutionize restaurant discovery by providing unbiased searches, attractive discounts, and efficient booking systems. NeoTaste’s success and potential for growth have garnered support and enthusiasm from investors, positioning the company for further success in the competitive restaurant industry.

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