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UK-based meal service Deliveroo raises $275M to keep growing

Deliveroo, a food delivery start-up based in London, is about to find out after it raised $275 million on Friday to take the company’s fund-raising to almost half a billion dollars since it was founded in 2012.

The latest funding pushes Deliveroo into the so-called “unicorn” club of privately held companies around the world with valuations exceeding $1 billion, according to a person with knowledge of the company’s fund-raising who spoke on the condition of anonymity.
The company declined to provide precise details of its valuation.