Grain, a Singaporean online food startup, has secured $10 million in its Series B funding round led by Thai venture capital firm Singha Ventures.
Returning investors, Openspace Ventures, Raging Bull and Cento as well as new investors, Genesis Alternative Ventures, Sass Corp, K2 Global, FoodXervices, and Majuven, also joined the round.
Grain will invest the new funds in its expansion to other cities, with Bangkok being the first on its roadmap, and also ramp up growth in Singapore.
Additionally, the startup is also planning to use the new capital raised from the round to build infrastructure to support up to $100 million in revenue.