Wilson Sonsini Advises Weee! on $425 Million Series E
- Client Highlights
- FoodTech and AgTech
- Consumer Products and Services
On February 28, 2022, Weee!, the largest and fastest-growing ethnic e-grocer in North America, announced it has secured $425 million in Series E financing led by SoftBank Vision Fund 2. Greyhound Capital also participated in this round alongside the company's existing investors. Wilson Sonsini Goodrich & Rosati advised Weee! on the transaction.
The capital from the fundraise will be used to expand Weee!'s platform offering across new and existing ethnicities, and scale grocery and food delivery services to new geographies providing more customers with access to exciting food at affordable prices. The company will also advance warehouse automation and AI innovations to further improve its industry-leading customer experience. Weee! continues to expand its Chinese, Japanese, Korean, Vietnamese, Filipino, Indian, and Latin offerings for customers, adding more than 500 new products per week, and plans to expand to other ethnicities in the future. Weee! also partners with more than 1,000 restaurants to offer authentic food-at-home options for customers.
For more information, please see Weee!’s press release.