Gorillas Delivery App Said to Plan Funding at $6 Billion Value

May 7, 2021, 3:19 PM UTC

Gorillas Technologies GmbH, the German delivery app that promises grocery deliveries in ten minutes, is raising fresh funding at a valuation of more than $6 billion, weeks after closing its previous round, people familiar with the matter said.

The company is likely to target more than $500 million from investors, the people said, asking not to be identified because the plans aren’t public. The round is at an early stage and the final amount raised and valuation may still change, they said.

A representative for Gorillas said the company has “nothing to confirm” and called details about a new ...

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