The Tengelmann-backed online food ordering service has now raised more than $635m, which will be used to increase its market share.
Delivery Hero, the Germany-based online food ordering platform backed by investors including retail group Tengelmann, has raised $350m in a series G round.
The investors in the round were investment firm Vostok Nafta and existing backers including Insight Venture Partners and Kite Ventures.
Other past investors in Delivery Hero include Tengelmann Ventures, which acts as Tengelmann’s corporate venturing unit, Holtzbrinck Ventures, which does the same for publisher Georg von Holtzbrinck Publishing Group, as well as internet company Ru-net, Team Europe,…
