Gorillas to raise $950 million in a round backed by Delivery Hero.

Gorillas, a Berlin, Germany-based startup building an online grocery delivery business, completed a $950 million funding round.

The money was raised from the strategic investor Delivery Hero, and values the company at $3 billion post money. Post deal, Delivery Hero will control approximately 8% of Gorillas. The announcement was made hours after DoorDash, Delivery Hero's American competitor, announced that it invested in Flink in a deal said to value the company at $2.1 billion.

Gorillas, founded in 2020 by CEO Kagan Sümer and Jörg Kattner, is a grocery delivery provider as it aims to aggregate supermaket products ranges delivered to consumers within 10 minutes of ordering. The company is active in Belgium, Denmark, France, Germany, Italy, Netherlands, Spain, the United Kingdom and the United States of America.

Gorillas is one of the many online grocery startups from Europe funded by venture money, and previously raised more than 300 million from investors including Tencent, DST Global, Coatue, Greenoaks Capital, Dragoneer and Atlantic Food Labs.