Skip to content

Gorillas Startup Dream of Food Delivery and Office Raves Falters

  • German startup faces hard choices as venture funding dries up
  • Berlin-based company was recently valued at about $3 billion
Gorillas CEO Kagan Sumer
Gorillas CEO Kagan SumerPhotographer: Hollandse Hoogte/Shutterstock

After Germany’s rapid food delivery startup Gorillas Technologies GmbH closed a $1 billion funding round last October, the company launched its own record label and started plotting a move to a lavish office complete with vinyl decks and a mixer. 

By the time it moved to a former brewery in Berlin’s chic Prenzlauer Berg neighborhood this week, just two years after it was founded, venture funding for tech startups globally had dried up and Gorillas management was focused on cost-cutting.