Mubadala led a $167m Series E round in Glovo.

Mubadala led a $167m Series E funding round in Glovo, an on-demand delivery startup. Additional investors include IDInvest Partners, Delivery Hero, Lakestar Advisors, and Drake Enterprises. "We’re very pleased to welcome Mubadala as an investor, as well as to further strengthen our position within the industry. To have achieved unicorn status is something truly exciting and a testament to the talent within the company, and their determination to keep innovating and disrupting the on-demand delivery space. Despite our rapid growth and new status, we still have the same vision we’ve always had: to make everything within the city instantly available to our customers," Oscar Pierre, Glovo Co-founder and CEO.