Delivery Hero Said to Invest in Gorillas at $3 Billion Value
- Deal part of a $1 billion round for grocery delivery company
- German food-delivery company set to invest nearly $200 million
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German food delivery company Delivery Hero SE plans to invest in grocery startup Gorillas Technologies GmbH as part of a $1 billion funding round, according to people familiar with the matter.
The new financing will value Gorillas at about $3 billion after the deal is closed, said the people, who asked not to be identified because the discussions are private. Delivery Hero is set to invest close to $200 million, the people said.