Top News
Portuguese Saves Restaurant Costs and Accepts 6.1 Million Investors
There is a Portuguese who is saving up money for restaurants. Diogo Cunha founded Katoo in 2019, launch the food industry is already present in Portugal, Spain and Italy. You restaurants can save up to 5% on vendor costs because orders are controlled through a platform, not pen and paper. The decision conquered the market and earned the € 6.1 million investment round announced on Thursday.
The capital injection will serve to develop the product and prepare for its launch in the Latin American market in 2022. The investment will also enable the opening of an office in Portugal, which currently employs five people – there will be 10 by the end of October.
Katoo also has offices in Spain (40 people) and Italy (20 people). 10 more employees launch in remote format. In total, the company has 75 employees.
By the end of this year, the team will almost double. hire more than 60 people in technology, products, growth and business development.
Subscribe to newsletter
The deal was calculated for the Portuguese venture capital fund Shilling Founders Fund and the North American Expa, FJ Labs and Soma Capital.
Entrepreneurs such as Glovo co-founder Sacha Michaud, Tiller Dimitri Farber or TheFork Marcos Alves Cardoso also took part in the round.
Currently, the company already has more than five thousand clients, between restaurants and suppliers.
For restaurants, this solution provides “significant savings” as they are businesses “operating at very low margins,” says Diogo Cunha in a written response to questions posted by Dinheiro Vivo. The manufacturer also notes that the platform “helps save time and reduce waste.”
The app is free for restaurants, “and it always will be,” says Katoo co-founder, along with Spaniard Karan Anand.
A service is being created for suppliers that “adds value” and allows them to “increase their operational efficiency and increase their profit base.” The option will launch in the coming months, will have subscription models, and will be a source of income for Katoo.
Last year, transactions on the platform reached $ 220 million (€ 189 million). That is, there is a market potential for launch start eating recipes.
In a statement, Pedro Santos Vieira, head of the Portuguese Shilling Foundation, emphasized: “Katoo’s value proposition and the ability to support a Portuguese-based company that is growing in southern Europe and Latin America is a great way to achieve this goal. impact on national and international ecosystems “.
Prior to this investment round, Katoo had already received around three million euros at the end of November. Following Thursday’s announcement, a capital injection into launch The amount currently stands at 9.1 million euros.
Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.
Top News
Portuguese historical films will premiere on 29 December.
Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.
A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.
“There are tickets Ptix.bm For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.
Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.
“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.
“Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.
More about
Model: Everybody, Entertainment, Movies/Movies, History, News
Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.
Top News
CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS ‘There will be room’
News
This is a fact or event of journalistic interest. This may be new or recent information. This also applies to the novelty of an already known situation.
Article
Mostly original text. Expresses the opinion of the author, but not necessarily the opinion of the newspaper. It can be written by journalists or specialists from different fields.
Investigative
A report that contains unknown facts or episodes with a pronounced denunciatory content. This requires special methods and resources.
Content commerce
Editorial content that offers the reader conditions for making purchases.
Analysis
This is the interpretation of the news, taking into account information that goes beyond the facts told. It uses data, brings events and scenario forecasts, as well as past contexts.
Editorial
Analytical text translating the official position of the vehicle in relation to the facts covered.
Sponsored
This is an institutional article on a topic of interest to the company sponsoring the report.
fact checking
Content that confirms the accuracy and authenticity of the disclosed information or facts.
Context
This is an article that brings subsidies, historical data and relevant information to help understand a fact or news.
special
An exciting report that details the various aspects and developments of this topic. It brings data, statistics, historical context, as well as stories of characters that are affected by or directly related to the topic in question.
Interview
A subject-specific approach in which the subject is presented in a question and answer format. Another way to publish interviews is through threads, where the interviewee’s answer is reproduced in quotation marks.
Criticism
A text with detailed analysis and opinions on products, services and works of art in a wide variety of fields such as literature, music, film and visual arts.
Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.
Top News
Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.
Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.
According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”
In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.
The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.
In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.
From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.
Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.
“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.
“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.
Proud web evangelist. Travel ninja. Creator. Freelance food nerd. Passionate bacon fanatic.
-
World3 years ago
The Gabby Petito case. Brian Landry set up camp with his family after his girlfriend disappeared
-
Top News4 years ago
Tristan Thompson reacts to Khloé Kardashian’s new appearance
-
Top News4 years ago
TLC ‘sMothered’ recap: ‘Party curled up,’ boyfriend problem
-
Top News4 years ago
Alex Cooper hosts a solo podcast
-
Top News4 years ago
2021 Ford Bronco price: Here’s how much the 2-door and 4-door cost
-
Tech4 years ago
Fall Guys is supplying out a legendary costume and Kudos as an apology present
-
Top News4 years ago
Chiara de Blasio was ‘very cold’ during the arrest of the protest: witness
-
Top News4 years ago
How to Watch Yellowstone Season 3, Episode 2 Live Online