Delivery Hero, a food ordering service, has raised $568m from Rocket Internet. Delivery Hero currently operates in 24 countries, and acts as an ordering platform for more than 90,000 restaurants, according to a company statement. Rocket Internet now has a 30% stake in the company. Niklas Östberg, CEO of Delivery Hero, said: “Delivery Hero has a very long-term vision to transform the food delivery industry for the sake of transparency, quality, convenience, and speed. Rocket Internet is a perfect long-term investor to achieve this.”
Not content with the mega-investment into Delivery Hero, Rocket Internet has also led a $126 million Series E funding round for meal shopping platform HelloFresh. Insight Venture Partners also led the round. Rocket Internet now owns a 52% stake in HelloFresh, which has raised a total of $216 million to date. “HelloFresh aims to become the leading brand in the grocery and meal delivery category and already serves customers across the entire U.S.” Seth Goldman, CEO of HelloFresh USA said in a press release. “Over the past months, we have grown our operations extremely fast, which means that a lot more people now enjoy a delicious, home-cooked meal more often and without the usual hassle. We are constantly opening up new ways to eat healthier and enjoy more quality time around the dinner table. That’s very motivating and inspires us to take the company to the next level.”
India-based news aggregation company NewsHunt has raised $40 million in a combination of Series A and B rounds, according to TechCrunch. Falcon Edge Capital led the round, with participation from matric Partners, Sequoia Capital and Omidyar Network. The company last raised funds in October, when it secured $18 million.
SteelBrick, which provides configure, price, quote (CPQ) applications, has closed an $18 million Series B round led by Shasta Ventures. SteelBrick’s own leadership team, Emergence Capital and new investor Salesforce ventures also participated. The company will use the new funds to for further software development and sales and marketing. SteelBrick has now raised a total of $30 million over the past 12 months. “New mobile and cloud technologies are transforming how companies sell their products,” said Jason Pressman, partner at Shasta Ventures and new SteelBrick board member. “With its unique technology, proven leadership team, and incredible business momentum, SteelBrick is in a commanding position to lead the consumerization of B2B selling.”