Cajoo raises $40mn to strengthen its position, expand across Europe

Cajoo, the French online quick commerce platform, has raised USD 40mn to consolidate its position in France—it currently operates in ten cities—and to expand in Europe. Investors were Carrefour, Frst and XAnge and Headline fund.

With this new investment round, the startup will double the number of employees at its head office, increase the number of its field teams and optimise the user experience through technology development.