Durable Capital and Fidelity Management led a $180m Series H round in Deliveroo.

Private equity firms Durable Capital Partners and Fidelity Management & Research Company led a $180m Series H funding round in Deliveroo, an online food delivery company. This investment comes ahead of a potential Initial Public Offering and reflects strong demand from existing shareholders to invest in the company, given the significant growth potential in the online food delivery sector in which consumer adoption is accelerating. "At Deliveroo we are always focused on developing the best proposition for consumers, riders and restaurants. This investment will help us to continue to innovate, developing new tech tools to support restaurants, to provide riders with more work and to extend choice for customers, bringing them the food they love from more restaurants than ever before. We are really pleased our shareholders see the opportunity and growth potential ahead of us," Will Shu, Deliveroo Founder and CEO.