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Announced

Completed

Mubadala Investment Company led a $768m Series E funding round in Getir.

Financials

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Transaction Value£586m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Minority

Mobility

grocery delivery

Turkey

Acquisition

Cross Border

Friendly

Private Equity

Completed

Venture Capital

Private

Delivery Services

delivery services

Synopsis

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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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