Lugard Road Capital and the Luxor Capital Group led a $530m Series F round in Glovo.

Lugard Road Capital and the Luxor Capital Group led a $530m Series F round in Glovo, a multi-category delivery company, with participation from Delivery Hero, Drake Enterprises and GP Bullhound. "We’re thrilled to have the continued backing of Luxor Capital Group and all of our existing investors. Over the last few months, we’ve moved very, very quickly but our vision remains unchanged. This investment will allow us to double-down in our core markets, accelerate our leadership position in places where we are already very strong and continue to expand our excellent Q-Commerce division, as well as bring new innovations to our unique multi-category offering to extend more choice to our customers," Oscar Pierre, Glovo CEO.