Funding round
Rebel Foods Series F
Rebel Foods, which works in food platform development in Pune, raised $175M in a Series F round announced on 7 Oct 2021, led by Qatar Investment Authority, at a $1.40B post-money valuation. 5 firms took part, 4 of them already investors. It is Rebel Foods' third venture round on record; the one before was a Series E in Apr 2020.
$175M
Amount raised
$1.40B
Post-money valuation
$1.23B pre-money
5
Investors
1 lead
2.7x
Step-up from the Series D
$525M in Sep 2019
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Rebel Foods at $1.40B after the new money, 2.7 times the $525M of its Series D (Sep 2019). The $175M bought investors about 13% of the company. It came 18 months after Rebel Foods' Series E. It is 47% of the $375M Rebel Foods has raised in the venture rounds on record. Rebel Foods raised again 42 months later: a Series G round of $25M in Apr 2025, at $1.61B post-money.
Rebel Foods' funding rounds
Rebel Foods has 4 venture rounds on record and 5 other deals. This one is highlighted.
- Series D 23 Sep 2019, led by Sequoia Capital and Sequoia Capital India $125M$525M post-money
- Debt not a venture round 5 Feb 2020 $4.9M
- Series E 10 Apr 2020 $50M
- Series F this round 7 Oct 2021, led by Qatar Investment Authority $175M$1.40B post-money
- Debt not a venture round 30 Dec 2022, led by InnoVen Capital and Trifecta Capital $6.6M
- Debt not a venture round 25 Apr 2023 $9.2M
- Debt not a venture round 30 May 2024 $13M
- Series G 22 Apr 2025 $25M$1.61B post-money
- Debt not a venture round 17 Sep 2025 $17M
Investors
Who put money in
Qatar Investment Authority led the round with 4 other firms. Coatue, Evolvence India, Sequoia Capital India and Goldman Sachs had backed Rebel Foods before.
Lead investor
- Qatar Investment Authority backs 71 venture-backed companies new investor
Also in the round
- Coatue backs 229 venture-backed companies existing investor
- backs 7 venture-backed companies existing investor
- Sequoia Capital India existing investor
- Goldman Sachs backs 218 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
45 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $170M, and this round was close to the median. The closest in time, other companies' Series F rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| VideoAmp Tech Companies | 21 Oct 2021 | $275M | $1.40B | Spruce House Partnership |
| Tech Companies | 5 Oct 2021 | $100M | not disclosed | Great Hill Partners |
| Snyk Tech Companies | 9 Sep 2021 | $530M | $8.50B | Sands Capital and Tiger Global |
| Tech Companies | 13 Sep 2021 | $159M | $2.56B | Sapphire Ventures |
| Tech Companies | 18 Nov 2021 | $100M | $6.10B | Franklin Templeton and Altimeter |
| ThoughtSpot Tech Companies | 15 Nov 2021 | $100M | $4.20B | March Capital |
| Tech Companies | 13 Dec 2021 | $735M | $11.00B | XN |
| Cockroach Labs Tech Companies | 16 Dec 2021 | $278M | $5.00B | Greenoaks |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Rebel Foods raise in its Series F round?
Rebel Foods raised $175M in its Series F round, announced in Oct 2021.
Who led Rebel Foods' Series F round?
Qatar Investment Authority led it, with Coatue, Evolvence India, Sequoia Capital India and Goldman Sachs.
What was Rebel Foods' valuation at the Series F round?
$1.40B post-money ($1.23B pre-money).
How does it compare with other Series F rounds in Tech Companies?
45 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $170M, and this round was close to the median.
Did Rebel Foods raise again after this round?
Yes: a Series G round in Apr 2025 of $25M at $1.61B post-money.