AAA Delivery Hero hungry for $30m

Delivery Hero hungry for $30m

Germany based online ordering takeaway service Delivery Hero has raised $30m in additional series D financing led by venture capital investment firm Phenomen Ventures. There was also participation from existing investors.

Last year the company closed a $50.2m D round led by Kite Ventures and which included the corporate venturing unit of Germany-based retail company Tengelmann and Russia-based technology company Ru-Net.

Phenomen Ventures, which was established by Russian investor Dmitry Falkovich in 2012, has previously backed Fab.com, OneTwoTrip and Hailo.

Founded in 2010, Delivery Hero operates in 14 countries  and claims over $400m in turnover. The new round of funding brings the total raised by the company to $132m.


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