Congratulations to our portfolio company Glovo that just raised a €450m ($528m)!
This Serie F was led by Luxor Capital Group with Delivery Hero, and participation from Drake Enterprises, Korelya Capital and GP Bullhound. This round is one of the largest of the past 12 months in Europe and the largest-ever round raised by a Spanish startup.
> Korelya initially invested in Glovo's Series D, two years ago and has been an active supporter of the company since then. With this new round and our recent investment in wallapop, the Spanish leading C2C marketplace, Korelya is now one of the most active investors in Spain.
> Korelya Capital's mission is to support European start-ups during their growth with the ambition to develop a world-class European technology ecosystem