Helsinki-based food delivery startup Huuva secures €4.9M

The Helsinki-based food delivery startup Huuva has secured €4.9 million in a seed round. The round was led by General Catalyst with participation from Lifeline Ventures and several angels, Bloomberg writes.

• Founded in 2021 by Ville Lehto and Ville Leppälä, Huuva builds and operates delivery-only restaurants in neighborhoods outside city centers. So far, it has opened six kitchens around the Helsinki area.
• General Catalyst Group Management led the seed round. It is a US-based venture capital firm that provides early-stage and growth equity investments. Lifeline Ventures, known for its early investment in companies like Wolt and Supercell, also joined in the round along with several angel investors.

“Huuva is a prime showcase of an ambitious, fast-moving startup with a distinctive offering in an exciting new market. We are excited to continue to be a part of Huuva’s growth journey,”

Timo Ahopelto from Lifeline Ventures on the investment.

• In September 2021, Huuva closed its €1 million pre-seed round. The current investor, Lifeline Ventures, led that round.
• With the fresh funding, Huuva is looking to ramp up its expansion in Central Europe, recruit over 100 new team members, and better serve the market with its unique neighborhoods-first focus.