French Food Marketplace ‘La Ruche Qui Dit’ in $9 million Series B Funding Round

La Ruche Qui Dit OuiFrench startup La Ruche qui dit oui (also known as The Food Assembly in the U.K.) – which enables consumers to buy directly from their local farmers and foodmakers – is undergoing a $9 million Series B funding round led by Fred Wilson from Union Square Ventures and Frédéric Court from Felix Capital with XAnge and Quadia also participating.

La Ruche, presently operating in France, U.K., Germany, Spain and Italy, has an efficient business model providing a marketplace where local foodmakers sell their goods directly within their community. Local farmers get over 80 percent for every product sold and the marketplace “ruches” connect neighbors socially within a community too.

Check out the full story at TechCrunch

One thought on “French Food Marketplace ‘La Ruche Qui Dit’ in $9 million Series B Funding Round

  1. Truly collaborative consumption here and seemingly a big incentive for food producers to keep producing. Are these like CSA’s where the farmers get paid in advance?

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