Jiffy raised £2.6 million in seed funding from LVL1 Group.

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Jiffy, a London, UK-based startup building a food delivery business, announced completing a funding round of £2.6 million ($3.6M).

The money was raised from investors including the venture capital fund LVL1 Group, with participation from AddVenture, TA Ventures, Vladimir Kholiaznikov, and angel investors Oskar Hartmann, Alexander Nevinskiy and Dominique Locher.

Proceeds will be used for launching the service in London, as it plans to make it available in Westminster, Waterloo, Lambeth, Battersea, Clapham Town, Shoreditch, Bethnal Green, Hackney, Whitechapel, Stepney Green and Leytonstone.

Jiffy was founded in 2020 by Artur Shamalov and Vladimir Kholyaznikov and aims to become an online supermarket with an ultrafast delivery service. The company uses a network of smart fulfilment centres, known as cloud stores, which are dedicated to serving the needs and are tailored to the tastes of local communities.

Total investments received (USD): 36.81M

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