Our Impact
Spearheading the transformation of lunch at work with Popchef
Sector: Foodtech /Agrotech
Impact on UNSDGs
Popchef is a leading French foodtech company, installing and operating digital canteens through connected refrigerators with fresh daily meals for employees. Their solution is sustainable, modular and flexible, focusing on high-quality food with selected ingredients, with several options available: plateaux-repas (Lenôtre license and Popchef brand), salad/sandwich bars, coffee shops, snacking, home office delivery, etc.
Focused on offices with 50-500 employees in the Ile de France region, Popchef has a convenient and competitive offering. Their main differentiation rests on the impact with which they conduct their operations, in particular their zero-waste model (focus on waste reduction, reusable containers, distribution of unsold food, etc.) and optimized logistics.
The company is a B2B subscription model: impact-driven, asset-light (contracting cooking to professional caterers) and quality-based (both on food and services).They count amongst their main clients unicorns like Blablacar, Tier 1 corporates such as Accor and Groupe Les Echos Le Parisien, as well as public organizations such as APHP and Préfecture de Police de Paris.
>130
fridges deployed
4.6/5
customer satisfaction
>70%
locally sourced ingredients
Through its Green Impact Growth Fund (GIGF), Meridiam was the lead investor in Popchef’s latest €15m fundraising round. We invested alongside the holding of M. Bourrelier (Bricorama founder) and existing investors like Céleste Management (Dreyfus family office).
Why We Invested in Popchef
To support a fast-growing foodtech leader improving the lunch at work experience, together with installing a strong ESG-driven platform in the food industry:
- To become the leading platform in France while maintaining a differentiating quality
- Diversification to new end-segments such as real estate, hospitality, the public sector
- Regional expansion to other French hubs
Popchef’s impact
Popchef’s activity contributes to the United Nations Sustainable Development Goals and mainly to goal #12 – Ensure sustainable consumption and production patterns – notably by:
- Reducing the production of waste, both in terms of food and packaging
- Encouraging businesses and individuals to adopt sustainable practices
- Using natural resources in a more sustainable way (strict requirements for food purchasing)
Popchef also makes a concrete contribution to SDGs 3,8 and 11, by:
- Offering healthier and more accessible food options
- Integrating talents from social integration programs into its teams every year
- Helping to improve the living conditions of farmers
- Implementing a clean and efficient supply chain and deliveries
