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Depop founder Simon Beckerman’s latest startup, food marketplace DELLI, has secured $7.2m (£6.2m) in a funding round co-led by Balderton and HV Capital.

DELLI allows individuals or independent restaurants to sell food on the platform through a drop model, similar to fashion brands, where limited edition products are released to the public at a certain time.

The London-based company claims this will help reduce issues such as food waste and cash and ingredient flow for smaller producers.

“From the 200 makers already signed up to the app to units sold, highlights that there is space in the market for DELLI and a consumer desire for its service,” said Simon Beckerman, CEO and founder, DELLI.

Previous VP of markets at Depop, Marie Petrovicka became co-founder and COO of DELLI earlier this year.

Investor Balderton has previously backed Betfair, Carwow, Citymapper, Darktrace, Revolut, and Beckerman’s Depop, which was acquired by Etsy last year for £1.14bn.

Daniel Waterhouse, partner, Balderton Capital said: “Simon has an extraordinary flair for spotting emerging trends and building markets and communities around them. DELLI democratises food production and brings diversity of choice of local produce to consumers.”

Last month saw fellow food marketplace Just Eat Takeaway sell its £1.5bn stake in Brazillian food delivery service iFood.