Announced
Completed
Financials
Sources
Tags
Single Bidder
Minority
Mobility
grocery delivery
Turkey
Acquisition
Cross Border
Friendly
Private Equity
Completed
Venture Capital
Private
Delivery Services
delivery services
Synopsis
Mubadala Investment Company, a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the Government of Abu Dhabi, led a $768m Series E funding round in Getir, a Turkish grocery-delivery startup, with participation from Abu Dhabi Growth Fund, Alpha Wave Global, Sequoia Capital, Goodwater Capital and Tiger Global Management. Getir got its start in Turkey and has spread across Europe and the U.S. Getir has formed tight networks of micro-fulfillment centers in dozens of urban areas. Those dark stores are operated by Getir. Getir has managed to attract 40 million app downloads across nine countries.
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