SA国际传媒

Here’s what you need to know today in startup and venture news, updated by the SA国际传媒 News staff throughout the day to keep you in the know.

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Flink picks up $750M for instant groceries

Berlin-based , a startup offering grocery deliveries in 10 minutes, raised $750 million in a funding round led by and joined by at a reported pre-money valuation of around $2.1 billion.

The funding comes as the instant grocery delivery space is heating up, with several other upstart players in the space, including聽 , and .

Flink operates in multiple European cities, with its largest footprint in Germany. Founded in 2020, the startup has now raised a total of $1.1 billion in funding, per SA国际传媒 data.

— Joanna Glasner

Shiprocket lands $185M

New Delhi-based , an e-commerce shipping platform, raised $185 million in a new round led by , and India, according to a report in . Of the total funding, around $25 million was reportedly a secondary sale.

— Joanna Glasner

Funding round

Router Protocol snags $4.1M: , a developer of bridging infrastructure to allow broader data flow across various blockchains,聽 announced it raised $4.1 million from several funds including .

— Joanna Glasner

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