The online food retail platform took in series E capital from investors including Japan Post Capital at a pre-money valuation topping $1bn.
GrubMarket, the US-based operator of an online food retail platform, raised $120m yesterday in a series E round backed by Japan Post Capital, a subsidiary of postal service Japan Post.
The round included Liberty Street Funds, Walleye Capital, Joseph Stone Capital, Pegasus Tech Ventures, Tech Pioneers Fund, Celtic House Asia Partners, INP Capital, Reimagined Ventures, Moringa Capital Management and undisclosed others. It valued the company at over $1bn pre-money.
Founded in 2014, GrubMarket operates a mobile-based platform that lets consumers…
