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Delivery Delivery Service E-Commerce Grocery North America Same Day Delivery Shopping

Instacart raises $265M at a $39B valuation

– On-demand grocery delivery platform Instacart raised $265m funding.
– The round was led by existing investors, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others.
– It brings the company to a valuation of $39 billion.
– The company plans to grow headcount by 50% in 2021.

Source
E-Commerce Europe Grocery Marketplace

Crisp Raises €30M in Series B Financing

– Crisp, an Amsterdam, The Netherlands-based provider of a supermarket app focused on building a fresh and transparently sourced product assortment, raised €30m in Series B financing.
– The round was led by Target Global, with participation from Keen Venture Partners and founders of Adyen and Just Eat Takeaway.com, as well as Thomas Plantenga, Vinted CEO.
– The new investment will be used to enlarge its electric vehicle fleet, substantially expand its thoughtful assortment, and strengthen its network with smaller producers for its customer base.

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Consumer Delivery Service E-Commerce Food and Beverage Food Delivery Grocery North America

Sustainable Online Grocery Company Imperfect Foods Raises $110 Million

– Imperfect Foods is a sustainable online grocery company.
– The company raised $110m in Series D funding.
– The round was led by Hamilton Lane and Blisce, and joined by existing investors, including Accel, Greycroft, and Advancit Capital.

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Asia E-Commerce Grocery Marketplace Retail

Jumbotail Raises $14.2M Series B3 Funding

– Jumbotail is an online wholesale marketplace and new retail platform for grocery and food items based in India.
– The company raised $14.2m in Series B3 funding round.
– The round was led by VII Ventures.
– The company intends to use the funds to scale its business to new geographies, expand its private label portfolio, partner with more FMCG brands and to grow its network of J24 modern convenience omnichannel grocery stores in partnership with mom & pop entrepreneurs.

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