The investment may be strategic in expanding Amazon’s food delivery footprint in the country.
Amazon is pouring millions of dollars into Deliveroo, a UK food delivery and courier service.....MORE
Deliveroo is raising $575 million through the investment round, which was announced on Friday. Amazon is leading the investment push and other participants include T Rowe Price, Fidelity Management, Research Company, and Greenoaks.
Amazon is at the helm of the new Series G funding round, and as such, is expected to have contributed a substantial portion of the investment.
The Series G round builds upon previous attempts to raise funding. In total, the London-based delivery service has managed to raise $1.53 billion since 2014. Past investors include Index Ventures, Accel, Greenoaks, General Catalyst, and DST Global...
