American venture capital fund founded by the world’s richest Hungarian invested in Munch

By: Trademagazin Date: 2025. 11. 28. 11:06
🎧 Hallgasd a cikket:

Munch, a scale-up company fighting food waste and transforming the food culture in Central and Eastern Europe, has closed a new investment round led by US-based Interactive Venture Partners. The fund, backed by Thomas Peterffy, Founder and Chairman of Interactive Brokers Group, Inc., invests in ambitious Central and Eastern European innovators with a vision for regional and global expansion.

The investment round also included participation from existing investor Piton Capital, a leading European marketplace investor known for backing and scaling fast-growing platform businesses such as Docplanner, Booksy and Auto1 Group.

Munch has now become one of the fastest-growing food platforms in Central Europe, with over 5 million app downloads. If all the food Munch saves were stacked on top of each other, the resulting “food tower” would be 900 times taller than the Eiffel Tower. These results demonstrate Munch’s mission to make sustainability accessible to everyday consumers, while helping its partners turn surplus into revenue.

Fueling the next phase of growth

The new capital raise will support Munch’s regional expansion. Munch currently operates in Hungary, Romania (Bonapp), the Czech Republic (Nesnězeno) and Slovakia, and partners with over 6,000 restaurants, bakeries and retail chains.

​​In the coming period, Munch aims to become the leading food rescue and gastronomic experience platform in the region, including two new segments.

Munch Market: Munch Market is an online marketplace that mainly offers expired or seasonal products that are still of high quality. These products can be purchased online at affordable prices and delivered to any location in the country.
Munch Club: Munch Club members can enjoy three special benefits:

They receive exclusive 1+1 offers at more than 130 restaurants in Budapest and Szeged, such as two main courses or pizzas, and one of them is free. After purchasing food rescue packages, they receive a refund in the form of Munch Money, which they can use to purchase additional food rescue packages. In addition, if you buy more than 15,000 HUF in the basket at Munch Market, you receive free home delivery throughout the country.

With these benefits, Munch Club offers discounted gastronomic experiences and even more affordable food rescue for all members.

From food rescue to behavior change

Munch’s impact goes beyond food rescue. Internal data shows that most Munch users purchase products from partner businesses at full price, demonstrating the platform’s ability to influence purchasing habits and brand loyalty.

Building on this insight, Munch is working intensively with grocery chains and local restaurants to increase its partners’ ability to reach and retain customers in the long term.

“We realized that Munch doesn’t just save food; it changes how people decide where and what to eat,”

said Bence Zwecker, CEO of Munch.

“This investment will allow us to scale a model where saving, food preservation, and discovering new experiences can all come together. Our goal is to create the region’s #1, most fun, and most sustainable food platform, available to try anywhere in the country!”

Automation, AI, and Sustainable Growth

The investment will enable Munch to accelerate AI-driven personalization, automation, and scale across markets, significantly improving how users discover relevant dining and grocery deals. Munch aims to use technology to make sustainability an everyday, effortless habit.

“We invested in Munch because they have a strong team and we believe in ambitious Central European entrepreneurs. Munch is in an excellent position, as evidenced by its partnership with leading brands and its comprehensive service package (Cash on Delivery, Club and Market). It is the engine of an ecosystem that connects restaurants, retailers and consumers around shared values, saving food, time and money;”

said László Czirják, Managing Partner at Interactive Venture Partners.

Big ambitions for a sustainable future

The founders plan to expand further in 2026, while strengthening partnerships with retailers and leading food brands, as well as further developing their mobile app for a better user experience.

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