DoorDash has led the on-demand delivery service provider’s latest round, following in the corporate venturing footsteps of peers Delivery Hero and Zomato.

Food delivery service DoorDash has led a $750m series B round for Germany-based grocery ordering app operator Flink, TechCrunch reported today, one of the wave of companies in the sector moving into corporate venturing.

Abu Dhabi state-owned investment vehicle Mubadala Capital and unnamed new and returning backers also took part in the round, which valued Flink at $2.85bn post-money. It also included debt financing from unnamed entities.

Founded in late 2020, Flink has built an online platform that allows users…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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