Borzo Raises $35M In Series C Funding
– Borzo (FKA Dostavista) is a Moscow, Russia-based crowdsourced same-day delivery service operating globally.
– The company raised $35M in Series C funding.
– Investors include Mubadala, VNV Global, RDIF and others.
– The new investment will be used to strengthen the company’s position on the international market under the Borzo brand and develop new products.
Metrobi Raises Seed Funding
– Metrobi, a Boston, MA-based tech-powered fulfillment solution for local food and beverage wholesale, raised a seed funding round of undisclosed amount.
– The round was led by 212.vc with additional institutional funding from Techstars. Previous investors include Walnut Ventures, TBD Angels as well as notable angel investors.
– The company intends to use the funds to expand its solution into new markets and build additional technology for its customers.
Cartwheel Raises $1M In Seed Funding
– Cartwheel, a Los Angeles, CA-based on-demand delivery management platform for restaurants and retailers, raised $1m in seed funding.
– The round was led by TenOneTen Ventures with participation from Act One Ventures and Portillo’s Hot Dogs.
– The company intends to use the funds for product development, partnership integrations, and team expansion.
PICKUP Raises $15M Series B Funding to Meet Demand for Omnichannel Delivery as a Service
– PICKUP, an enterprise-grade, last-mile delivery solution provider for leading retailers and commercial businesses, today announced it has closed $15M in a Series B funding round.
– The round was led by NewRoad Capital Partners with participation from existing investors TDF Ventures, Noro-Moseley Partners and Florida Funders. Additional investors in the round include Autotech Ventures and the New York Angels.
– Proceeds from the round will help PICKUP expand its geographic reach and scope of services, further accelerating PICKUP’s rapid growth.
– In response to increasing demands from leading retailers and commercial partners, PICKUP has expanded its fulfillment capabilities to meet its customers’ increasing expectations for fast, convenient delivery service.
Everli, the European marketplace for online grocery shopping, bags $100M Series C
– European online grocery shopping marketplace Everli raised $100m in Series C funding.
– The round was led by Verlinvest and joined by Luxor, DN Capital, C4 Ventures and Convivialité Ventures, FITEC (part of Fondo Italiano d’Investimento), 360 Capital, Innogest and DIP.
– The company plans to use the injection of capital to accelerate growth and further expand its international footprint.
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.
Gophr, the UK last-mile delivery company, picks up £4M funding
– Gophr, a U.K.-based last-mile delivery provider, has raised £4 million in funding.
– The round was led by pan-European B2B investor Nauta Capital.
– The company had previously raised £1 million in two rounds, including £500,000 from publicly listed Auctus Alternative Investments.
– Noteworthy, Gophr’s co-founder and CEO, Seb Robert, tells me the 2015-founded company reached monthly net profitability around three years ago and was net profitable for the whole of last year.
– Like other delivery companies, Gophr has benefited from a pandemic bump, but fortitude aside, is aiming to step on the gas.
