Chefmarket, the HelloFresh of Russia, raises $5 million at a $25 million valuation

▤ Summary

Chefmarket raised $5 million at a $25 million valuation from Russian investor AddVenture. The company sells subscription meal kits and ready-to-blend smoothies, positioning itself as a local version of HelloFresh or Blue Apron. It now delivers more than 60,000 meals per month across major Russian cities and says it has grown more than threefold year over year. The founder plans to expand the product line with additional subscription offerings such as fruit, snacks, and wine.

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