The platform that automates recruitment and flexible job search seeks to be the largest professional network in the world The startup Torre, receives 10 million dollars in its seed investment round from investors and former executives of SpaceX, Facebook, Uber, Apple and Amazon.
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Email April 23, 2021 6 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.
In the times we live in, remote work is a necessity. And this is not just a statement but a fact: the recent financing of the Torre platform for US $ 10 million in a seed investment round, in which executives and investors from companies such as Apple, Facebook and SpaceX participated, confirms this.
Mercato raises $26M Series A to help smaller grocers compete online
The pandemic upended the way people shop for their everyday needs, including groceries. Online grocery sales in the U.S. are expected to reach 21.5% of the total grocery sales by 2025, after leaping from 3.4% pre-pandemic to 10.2% as of 2020. One business riding this wave is Mercato, an online grocery platform that helps smaller grocers and specialty food stores get online quickly. After helping grow its merchant sales by 1,300% in 2020, Mercato has now closed on $26 million in Series A funding, the company tells TechCrunch.
The round was led by Velvet Sea Ventures with participation from Team Europe, the investing arm of Lukasz Gadowski, co-founder of Delivery Hero. Seed investors Greycroft and Loeb.nyc also returned for the new round; Mike Lazerow of Velvet Sea Ventures has also now joined Mercato’s board.