Marley Spoon, a Germany-based on-demand food delivery service backed by e-commerce group Rocket Internet, has closed a $17m series B round, TechCrunch reported yesterday.
The round included QD Ventures, Kreos Capital, Lakestar and unnamed existing shareholders. Hedge fund Luxor Capital also contributed capital, according to Gründerszene.
The company concurrently revealed it has received $44m in advertising credit from GMPVC, a media-for-equity fund that partners several Germany-based media companies, to strengthen its market visibility in Germany and across Europe, where it is currently available in the UK, the Netherlands and Austria.
Marley Spoon operates an on-demand service that delivers meal ingredients to users. The company is similar to another Rocket Internet portfolio company, HelloFresh, though unlike HelloFresh it does not require an ongoing subscription.
The money will be used by Marley Spoon to expand further across the US, where it plans to open a San Francisco-based fulfilment centre.
Marley Spoon has raised $32m to date, though it has not disclosed details about all its funding. The company closed an $8.5m series A round in April 2015.
The $5m first series A tranche in November 2014 was led by Global Founders Capital, the VC firm formed by Rocket Internet’s founders, and featured Point Nine Capital and assorted, undisclosed angel investors. Lakestar added $3.5m six months later.
Marley Spoon had previously raised $2m in seed capital from Global Founders Capital and Point Nine Capital in June 2014.