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Data Vantage: Carro, HappyFresh secure fresh capital + other updates

Data Vantage: Carro, HappyFresh secure fresh capital + other updates Carro and Indonesia’s grocery delivery service HappyFresh raising the bulk of new funding last week. Carro recorded $84 million in additional paid-up capital last week. Of this, $50 million came from Singapore-registered Sun Tzu Tech, an entity 100% owned by EVG Fund II, which is managed by East Ventures. SoftBank Vision Fund ($200 million), Mitsui Sumitomo Insurance ($14 million), B Capital Group ($5 million) and others. In total, the company has received $312 million out of the $360 million it announced having secured for its Series C round. With the latest tranche of financing, Carro has inched closer to unicorn status with $954.2 million in valuation to date, our data shows.

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