Glovo is one of several startups that are changing the way we shop and receive goods. The company was founded in 2015 and has raised a total of 251 million euros.

Spanish company Glovo raises 121 million euros from Swiss investment firm Montijan

Spanish company Glovo has raised 121 million euros from Swiss investment firm Montijan. The new funding will be used to expand Glovo’s business.

Glovo is a Barcelona-based startup that delivers food and other items. The company was founded in 2015 and has raised a total of 251 million euros.

Glovo plans to use the new funding to expand its business. The company is one of several startups that are changing the way we shop and receive goods.

Conclusion:

The new funding will allow Glovo to expand its business and continue to innovate the way we shop and receive goods.

Glovo is a Barcelona-based startup that delivers food and other items

Glovo is a Barcelona-based startup that delivers food and other items. The company was founded in 2015 by Oscar Pierre and Sacha Michaud. Glovo’s mission is to make it easy for people to get the things they need, when they need them.

Glovo delivers food from restaurants and grocery stores in as little as 30 minutes. The company also offers a wide range of other items, including flowers, gifts, and even laundry detergent. Glovo is available in over 50 cities across Spain, France, Italy, Portugal, Morocco, Chile, Argentina, Brazil, Peru, Colombia, and the Dominican Republic.

In 2018, Glovo was named one of the “50 Hottest Startups in Europe” by Wired UK. The company has raised a total of 251 million euros from investors including Accel Partners, Idinvest Partners, Cathay Innovation, and Rakuten Capital.

Glovo plans to use the new funding to expand its business

Glovo plans to use the new funding to expand its business by opening up new markets and increasing its product offerings. The company plans to use the funds to invest in technology and logistics, as well as to expand its sales and marketing teams. Glovo is currently available in 21 countries and plans to expand to more markets in the future.

Glovo has raised a total of 251 million euros since it was founded in 2015

Since it was founded in 2015, Spanish company Glovo has raised a total of 251 million euros from investors. The latest round of funding, which was led by Swiss investment firm Montijan, brings the total amount raised to 121 million euros. Glovo plans to use the new funding to expand its business into new markets and continue its development of innovative delivery solutions.

Glovo is one of several startups that are changing the way we shop and receive goods

Glovo is one of several startups that are changing the way we shop and receive goods. The company has developed a mobile app that allows users to order items from local stores and have them delivered to their doorsteps. Glovo plans to use the new funding to expand its business and continue its mission of making shopping more convenient for consumers.

Conclusion

In conclusion, Spanish company Glovo has raised 121 million euros from Swiss investment firm Montijan. Glovo plans to use the new funding to expand its business. Glovo is one of several startups that are changing the way we shop and receive goods.

The post Spanish glovo 121m swiss montijanobloomberg appeared first on OnTechEdge.