Japanese company Rakuten Capital and Sino-French investor Cathay Innovation are leading this €30 million acceleration round.
Currently present in more than 10 cities (Spain, Italy, France), Glovo aims at expanding its “anything-on-demand” delivery marketplace internationally, to lead the last-mile delivery sector.
Founded in Barcelona in 2015, Glovo revolutionizes the way city dwellers buy and consume goods with an app that enables anyone to buy, collect and send any product within a city, wherever and whenever they want. The service is currently available in 8 Spanish cities (including Barcelona and Madrid), in Italy (Milan and Rome) and in France (Paris). With more than 250,000 users, Glovo surpassed the one-million orders threshold in July 2017.
