Rapid grocery company Weezy said to explore sale
Rapid grocery company Weezy is reportedly working with investment bank Evercore as it considers a potential sale of the business.
Bloomberg cited people familiar with the matter as saying that the start-up is considering the option as a means of coping with the industry’s intense competition and high costs.
Founded in late 2019, London-based Weezy completed its most recent fundraising in January, and has received around $20m from venture capital firms including DN Capital, Left Lane Capital, and Heartcore Capital.