Gorillas puts customers first with $44mn series A round

Gorillas a grocery delivery startup based in Germany has raised a USD 44mn series A round. The startup, an app from which customers place their orders and have it delivered within approx. minutes, secured funding from Coatue, which led the round.

Customers using the app pay EUR 1.80 to have their groceries delivered to them within ten minutes, a stark difference from the traditional model where deliveries have to be pre-booked in advance. With the funding, the company will expand across Germany with more European cities planned across Europe.

Atlantic Food Labs reportedly supported the company with a EUR 1.2mn seed round.