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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.

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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 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.

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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.

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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.

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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.

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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.

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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.

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