Valiant and D1 Capital led a $200m funding round in Instacart.

Valiant Capital Partners and D1 Capital Partners, two investment firms, led a $200m funding round in Instacart, a delivery startup, at a valuation of $17.7bn. "We expect to deploy the new capital in a number of ways, including: product development focused on introducing new features and tools to enhance the customer experience, continued investment in Instacart Enterprise to support retailers’ end-to-end ecommerce needs, and further investment in Instacart Ads to help connect consumer packaged goods brands of all sizes to customers shopping online from their favorite local retailers," Instacart.