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Cajoo raises $40 million for its instant grocery delivery service

TechCrunch

French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. The service is currently live in 10 French cities — Paris, Neuilly-sur-Seine, Levallois-Perret, Boulogne-Billancourt, Lille, Lyon, Toulouse, Bordeaux and Montpellier.

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Barkyn, a wellness startup for pets in Southern Europe, hits a $9.6M Series A round

TechCrunch

Barkyn , a European subscription service for pets that combines food with tele-vet services, has raised a further €3 million ($3.6 million) from food tech investor Five Seasons Ventures , extending its previous Series A to €8 million, and total funds raised to date to €10 million. which has raised $28 million.

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Scalapay raises $155M at a $700M valuation as buy now, pay later services continue to boom

TechCrunch

The startup has raised $155 million at a $700 million valuation. Scalapay has now raised $203 million in total.). The company’s service is based around being tightly integrated with online retailers’ check-out process and offering users an interest-free, three-installment way to pay for anything they purchase.

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Lydia raises another $86 million to build a European financial super app

TechCrunch

Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131 million in total as part of its Series B round. Mobile payment app Lydia raises $45 million round led by Tencent. Lydia is starting with Portugal.

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Getir is now worth nearly $12 billion after raising another $768 million

TechCrunch

Originally from Turkey, Getir has quickly expanded its service across Europe and the U.S. Unlike traditional grocery delivery services, Getir lets your order groceries without having to pick a delivery slot. That’s why these instant delivery startups have been raising mega rounds of funding. It’s a capital-intensive industry.

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South African startup Aerobotics raises $17M to scale its AI-for-agriculture platform

TechCrunch

Aerobotics , a South African startup that provides intelligent tools to the world’s agriculture industry, has raised $17 million in an oversubscribed Series B round. Kenya’s Apollo Agriculture raises $6M Series A led by Anthemis. million, according to Aerobotics. Aerobotics has experienced record growth in the last few years.

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Low-code focused OutSystems raises $150M at a $9.5B valuation

TechCrunch

This morning OutSystems , a low-code app development service, announced that it has closed $150 million in new capital. Notably this is not the largest funding event that the Portugal and U.S.-based based software company has raised. TechCrunch covered a $360 million round that OutSystems raised in 2018.

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