HV Capital was among the investors in a series B round making Jokr the latest on-demand grocery provider to hit a unicorn valuation.

US-headquartered Jokr has become the latest on-demand grocery delivery startup to disclose a large funding round, having secured $260m in series B funding from investors including HV Capital, the venture capital firm backed by publisher Holtzbrinck.

Mirae Asset, GGV Capital, Balderton Capital, Tiger Global Management, Activant Capital, Greycroft, G-Squared, Kaszek, Monashees and Moving Capital also contributed to the round, which valued the company – founded less than a year ago – at $1.2bn according to TechCrunch.

Jokr’ss on-demand grocery delivery…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.