Amazon Invests $575 Million in Deliveroo Food Delivery
The London-based food delivery service has raised $1.53 billion to date.
Amazon made headlines last week when it made a $575 million investment in Deliveroo, a London-based food delivery service. Amazon was the lead investor in Deliveroo’s Series G funding round, joining existing investors T. Rowe Price, Fidelity Management and Research Company and Greenoaks Capital. The Series G round brings total raised to date to $1.53 billion. A current valuation has not been calculated, but after Deliveroo’s last funding round in September 2017, the company was valued at $2 billion, reports Forbes.
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