Amazon leads a £450m investment round in Deliveroo

Deliveroo, the on-demand food delivery app, has announced that Amazon is leading a new £450m Series G preferred shared funding round. Other investors in the round are T. Rowe Price, Fidelity Management and Research Company, and Greenoaks.

The new investment will contribute to growing Deliveroo’s engineering team in its London office, expanding Deliveroo’s delivery reach to target new customers, expand ‘Editions’, and develop new products for customers to offer a more personalised experience.

This takes the total Deliveroo has raised to date to $1.53bn.

To read more, click here.