The Fosun-backed fresh produce supplier has now raised a total of $64m and will look to make acquisitions on the way to a flotation.

GrubMarket, a US-based food supply chain operator backed by conglomerate Fosun, has secured $32m in a funding round led by venture capital firm GGV Capital, TechCrunch has reported.

Fusion Fund, Great Oaks Venture Capital, Max Ventures, Castor Ventures, Bascom Ventures, Millennium Technology Value Partner, Trinity Capital Investment and Investwide Capital also took part in the round.

GrubMarket makes connections to farmers, sourcing fresh organic and healthy produce it then supplies to businesses and consumers at a hefty discount compared to…