November 29, 2022 | 10:30 GMT+7

Cooky secures investment from Nextrans & Do Ventures

Phuong Hoa -

Funds to help local recipe portal boost R&D and expand offerings.

Cooky's founder team. Source: VnEconomy
Cooky's founder team. Source: VnEconomy

Vietnamese recipe portal Cooky has announced the raising of $4.5 million in investment from two investment funds - Nextrans and Do Ventures.

The funding will be used to accelerate R&D efforts to provide a wider selection of ready-to-cook ingredients at better prices, and the company will also focus on enhancing the customer experience by adding personalized services based on individual needs.

“We want to bring easy and nutritious recipes to people who love home-cooked meals but don’t have time to cook,” said Mr. Dang Hoang Minh, CEO of Cooky. “Our customers don’t have to make a lot of effort to have a delicious, quality family meal that meets their needs.”

According to Ms. Le Hoang Uyen Vy, Managing Director at Do Ventures, amid today’s hectic world, Cooky offers a convenient solution for family meals. “We are honored to accompany a veteran team with deep experience in foodtech and supply chain operations,” she said. “We believe that the trio of founders will continue to extend their previous success and create another breakthrough food delivery service for the Vietnamese market.”

Similarly, Mr. Seung-Ho Chae, Managing Director of Nextrans, said Vietnam’s grocery retail market needs innovation to become more efficient and transparent for all parties involved. Cooky offers exceptionally delicious ready-to-cook meals at affordable prices, with pioneering technology infrastructure tailored specifically for farm-to-table distribution. “Nextrans believes that the Cooky model will make cooking extremely convenient and bring Vietnamese people a healthier lifestyle,” he said.

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