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STIQ (IEU FT)

Summary sheet

Release date
3 June 2025
Status
Reference
Approved | 27/06/2025
20230816
Project name
Promoter - financial intermediary
STIQ (IEU FT)
STIQ DELIVERY LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 47 million
Location
Sector(s)
Description
Objectives

STIQ has developed a technology-enabled "virtual kitchen" platform that integrates and operates a cloud kitchen network of distinct food brands which are prepared and delivered from multiple culinary hubs.

The objective of this project is to support STIQ in enhancing its technology and driving sustainable, long-term growth. Through targeted investments in artificial intelligence, innovation, and product and service development, STIQ will be better equipped to deliver higher-quality food more quickly and affordably to customers. This initiative also promotes automation and efficiency in a sector and region where AI-driven solutions remain largely untapped.

Environmental aspects
Procurement

The investments will concern research and development (R&D) activities carried out in already existing facilities. Therefore, the project does not fall under the EIA Directive 2011/92/EU as amended by the Directive 2014/52/EU.

The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions

Milestone
Approved
27 June 2025
Related projects
Parent project
FUTURE TECH (INVESTEU VD) PL
Link to source
Summary sheet
STIQ (IEU FT)

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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