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Gopuff Announces Mega Series H Financing Round — Retail Technology Innovation Hub

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Gopuff will use cash to expand throughout North America, deeper into the United Kingdom and Europe, recruiting talent, and strengthening technology.

Scott Minerd, Global Chief Investment Officer at Guggenheim Investments, says Gopuff has quietly built a very strong business, solidified its position as a leader and continues to define this evolving category. ..

It focuses on maintaining financial responsibility while having the ability to successfully execute strategic growth opportunities. This measured approach and its impressive product only scratched the surface.

Rafael Ilishayev, co-founder and co-CEO of Gopuff, is excited to welcome new major global partners with years of investor support as he continues to define the instant needs economy.

This funding round further verifies the success of the model and enables us to continue doing our best to provide an unmatched customer experience.

Jokr

Also in a rapid grocery startup space, Jokr recently completed a $ 170 million Series A round three months after starting operations in the United States, Latin America and Europe.

Led by GGV Capital, Baldenton Capital and Tiger Global Management, this funding will allow new cities to enter and expand to their current location, including New York City headquarters.

Founder and CEO Ralph Wenzel continues to incorporate Jokr into the premier platform for a new generation of online shopping, with a focus on immediate delivery, local product offerings, and more sustainable delivery and supply chains. ..

We are proud to partner with such a prominent group of international technology investors to help seize the great opportunities in front of us.

Hans Tung, Managing Partner of GGV Capital and a member of the newly appointed Jokrs Board of Directors, commented:

Jokr stands out from the rest with its combination of food delivery experience and advanced data capabilities that optimize inventory allocation and shipping.

We look forward to working with our team on their mission to make retail faster, more democratic and more sustainable.

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