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October 4, 2017 07:00 am GMT

European on-demand delivery startup Glovo raises 30 million Series B

Late last month, Spanish media got wind that the Barcelona-based on-demand delivery app Glovo had closed Series B funding, but now the company is making the news official. The startup, which offers a service similar to Postmates in the U.S., has raised a 30 million round led by Rakuten Capital, and Cathay Innovation. Existing investors Seaya Ventures, Entre Capital, Caixa Capital Risk,… Read More

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