MergerLinks Header Logo

Announced

Completed

T. Rowe Price completed a $100m investment in Instacart.

Synopsis

T. Rowe Price, a Maryland-based investment management firm dedicated to funding technology startups, completed a $100m investment in Instacart, an American company that operates a grocery delivery and pick-up service in the United States and Canada. This funding comes at what could be an inflection point for Instacart, as customers it acquired during coronavirus lockdowns decide whether they want to continue with the service or resume in-person grocery shopping.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US