Announced
Completed
Financials
Sources
Tags
E-commerce
delivery startup
Germany
Friendly
Acquisition
Private
Minority
Private Equity
Completed
Venture Capital
Cross Border
Synopsis
Delivery Hero, a provider of online food ordering services, led a $950m Series C funding round in Gorillas, a European startup in the convenience delivery market. Additional investors include Tencent, Coatue Management, DST Global and A-Star Partners. The new funding will be used by the company to continue expanding in its major European markets, including Germany, UK, Spain and France. The company also has sights set on the United States, where black-clad bike and scooter riders began delivering to customers in New York in recent months.
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