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New Deal


Announced

Completed

Atomico and Lightspeed Ventures led a $100m Series A funding round in Zapp.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Cross Border

Minority

Acquisition

United Kingdom

food delivery services

Venture Capital

E-commerce

Completed

Friendly

Private

Synopsis

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Atomico and Lightspeed Ventures, two private equity firms, led a $100m Series A funding round in Zapp, a UK-based startup building an operation providing on-demand groceries and essentials delivery. The round had participation from investors 468 Capital, Burda, Mato Peric, Christopher North and Stefan Smalla. “We’re relentlessly focused on delighting our customers and generally do not comment on our capital structure. We are excited to bring Zapp to millions of customers in London and beyond this year,” Zapp.

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