Getir raised $768 million in a round led by Mubadala.

Getir, an Istanbul, Turkey-based operator of an online grocery business, announced raising fresh funding, in a round closed at $768 million.

The deal was made at a company value of $11.8 billion, 4.3 billion higher than the one from the last round, closed at $7.5 billion 9 months prior.

The money was raised from investors led by existing shareholders Mubadala Investment Company, joined by Tiger Global, Sequoia Capital, the Abu Dhabi Growth Fund and Alpha Wave Global.

Getir, founded in 2015 by Arkady Volozh, Doğancan Dalyan, Mert Salur, Nazım Salur, Serkan Borançılı and Tuncay Tütek and established an on-demand consumer delivery business. The company started to become operational in London, UK at the beginning of 2021, and expanded aggressively ever since, as now says it handles over 1,100 dark stores out of 81 cities across nine countries: the UK, France, Germany, Italy, Spain, Portugal, the Netherlands, Turkey and the US. In 2021 it also acquired Blok from Spain and Weezy from the UK.

Getir is one of the many online grocery startups from Europe funded by venture money and previously raised a total of more than $1 billion.