London: Deliveroo Hero SE has raised more than $180 million in its latest funding round, valuing the UK online food delivery company at over $7 billion, according to a company statement.
The investment comes as the Amazon.com Inc.-backed firm eyes a potential listing this year, which is expected in or around April.
The funding round, led by existing shareholders Durable Capital Partners LP and Fidelity Management & Research Company LLC, pegs the startup s valuation on a par with U.K. blue-chip grocer J Sainsbury Plc s market capitalization and eclipses that of Wm Morrison Supermarkets Plc.
As lockdowns restrict people s movement and businesses close, food delivery firms like Deliveroo and Just Eat Takeaway.com NV saw a boost as consumers ordered takeaways from home.
LONDON (Jan 17): Deliveroo Hero SE has raised more than US$180 million in its latest funding round, valuing the UK online food delivery company at over US$7 billion, according to a company statement.
The investment comes as the Amazon.com Inc-backed firm eyes a potential listing this year, which is expected in or around April.
The funding round, led by existing shareholders Durable Capital Partners LP and Fidelity Management & Research Co LLC, pegs the start-up s valuation on a par with UK blue-chip grocer J Sainsbury plc s market capitalisation and eclipses that of Wm Morrison Supermarkets plc.
As lockdowns restrict people s movement and businesses close, food delivery firms like Deliveroo and Just Eat Takeaway.com NV saw a boost as consumers ordered takeaways from home.