Spanish Glovo 450m Series Lugard Road
Spanish startup Glovo is today announcing a 450 million series lugard road, in a round led by Japanese e-commerce giant Rakuten, with participation from existing investors Accel, Catalyst, Idinvest, Seaya Ventures and Cabiedes & Partners. Glovo will use the new funding to further its mission of becoming the operating system for cities, with a particular focus on groceries, pharmaceuticals and other essential items.
The lugard road is named after the street in Barcelona where the company was founded in 2015. To date, Glovo has raised a total of €942 million, making it one of the best-funded startups in Spain.
With the new funding, Glovo plans to continue its expansion into new markets and categories, with a focus on groceries, pharmaceuticals and other essential items. The company is already present in 24 countries and more than 100 cities, and plans to expand to 200 cities by the end of 2020.
Glovo is also planning to use the new funding to further develop its technology platform, with a focus on artificial intelligence and machine learning. The company has already built a network of more than 10,000 robots that are used to sort and deliver orders.
In addition to Rakuten, Glovo has also partnered with a number of other large companies, including McDonald’s, KFC, Burger King, Decathlon and Mercadona.
Glovo was founded in 2015 by Oscar Pierre and Sacha Michaud. The company has more than 1,000 employees and is headquartered in Barcelona.
Series lugard road
A series lugard road is a type of investment round that is typically used by startups to raise growth capital. The round is named after the street in Barcelona where the company was founded.
To date, Glovo has raised a total of €942 million, making it one of the best-funded startups in Spain.
With the new funding, Glovo plans to continue its expansion into new markets and categories, with a focus on groceries, pharmaceuticals and other essential items. The company is already present in 24 countries and more than 100 cities, and plans to expand to 200 cities by the end of 2020.
Glovo is also planning to use the new funding to further develop its technology platform, with a focus on artificial intelligence and machine learning. The company has already built a network of more than 10,000 robots that are used to sort and deliver orders.
In addition to Rakuten, Glovo has also partnered with a number of other large companies, including McDonald’s, KFC, Burger King, Decathlon and Mercadona.
Related FAQs
- What is Glovo?
Glovo is a Spanish startup that delivers groceries, pharmaceuticals and other essential items in a matter of minutes. The company is present in 24 countries and more than 100 cities, and plans to expand to 200 cities by the end of 2020.
- What is the lugard road?
The lugard road is a type of investment round that is typically used by startups to raise growth capital. The round is named after the street in Barcelona where the company was founded.
To date, Glovo has raised a total of €942 million, making it one of the best-funded startups in Spain.
With the new funding, Glovo plans to continue its expansion into new markets and categories, with a focus on groceries, pharmaceuticals and other essential items.
- What is Glovo’s mission?
Glovo’s mission is to become the operating system for cities, with a particular focus on groceries, pharmaceuticals and other essential items.
- What is spanish glovo 450m lugard road capital?
Spanish glovo 450m lugard road capital is a type of investment round that is typically used by startups to raise growth capital. The round is named after the street in Barcelona where the company was founded.
- What is spanish glovo 450m lugard capital capital?
The lugard road is a type of investment round that is typically used by startups to raise growth capital. The round is named after the street in Barcelona where the company was founded.
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