Select deals from last week:
🇩🇪 Gorillas, Berlin-based instant grocery delivery service, raised $950M Series C at a $3.0B valuation, tripling its valuation since March to become (arguably) Europe's most valuable instant grocery delivery startup (Getir's HQ is in Istanbul). The round was led by Delivery Hero. Online grocery is extremely competitive, explore the startup landscape here.
🇲🇽 Kavak, Mexico-based pre-owned car marketplace, secured $700M at $8.7B valuation, a 2.2x increase since April this year. Following this round, Kavak became the most valuable private marketplace company in Latin America. Kavak has also integrated financing on its platform. Combining fintech and marketplaces is a lucrative opportunity.
🇫🇷 Vestiaire Collective, Paris-based marketplaces for pre-owned clothes, raised $210M at a $1.7B valuation a few days after becoming a Certified B Corp. This makes in the second most-funded marketplaces for pre-owned clothing after Letgo.
Other promising marketplace deals from the last week:
🇬🇧 Jiffy, London-based 15-minute grocery delivery service, secured $28M Series A to expand its network of dark stores.
🇮🇳 ZestMoney, India-based buy-now-pay-later platform, raised $50M Series C from Zip to expand its product suite.
🇺🇸 Nomad Health, an on-demand marketplace for medical jobs, secured $63M in debt and equity to increase its footprint in the US and invest in its tech stack.
🇬🇧 Dice, a London-based gig discovery and ticketing app, raised $122M Series C as Softbank and others bet on the return of live music.
🇺🇸 YCombinator-alumni Eternal, a marketplace for NFTs of viral Twitch stream clips, has raised $4.5M from investors including Mark Cuban and Coinbase Ventures.
Read up on all the latest marketplaces deals in Dealroom.co
Notable exits:
🇨🇳 Tencent acquired Sogou, the second largest search engine in China after Baidu, for $3.5B.
🇵🇹 Worten acquired local professional hiring marketplace Zaask for an undisclosed amount.
Read up on all the latest marketplaces exits in Dealroom.co