Takeovers of start-ups are accelerating in French foodtech

We can see there an admission of weakness or the promise of brighter days ahead, it’s a question of point of view. The French foodtech sector has experienced a dozen exits (“exits” in the jargon) in less than twenty-four months, underlines a study by Digital Food Lab, a firm that studies the major market trends.

Notable examples include Frichti, a pioneer in prepared meals and home shopping delivery , which was acquired by Gorillas. Cajoo, its competitor, was swallowed by Flink. Nestor, a specialist in catering for the workplace and at home, was sketched by Elior.