November 15, 2021

Grocers Step It Up With Digital Convenience

Today in restaurant and grocery tech news, the 10-minute grocery delivery startup Gorillas raises nearly $1 billion in its Series C funding round, and Instacart acquires smart cart and self-service solutions provider Caper AI. Plus, Tesco takes on Amazon with cashierless checkout.

Tech Giants Aim to Capture Worldwide Ultra-Fast Grocery Delivery Demand

Around the world, the ultra-fast delivery space is heating up. On Tuesday (Oct. 19), Berlin-based 10-minute grocery delivery startup Gorillas announced a nearly $1 billion Series C fundraise, which included a $235 million investment from Germany-based global delivery giant Delivery Hero. Gorillas, founded in June 2020, operates 180 warehouses in 55 cities across nine countries.

Instacart Acquires Smart Cart Creator in Effort to One-Up Restaurant Aggregators

With the major restaurant delivery services making plays for Instacart’s…

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