Supermercato24 pulls in major funding

Italian startup, Supermercato24, has raised €13 million in a Series B funding round led by FII Tech Growth, with participation from Endeavor Catalyst and current investors 360 Capital Partners and Innogest.

The venture has developed an online same-day grocery delivery service, similar to Instacart in the US. This is currently active in more than 23 Italian cities. It will use the funding to improve operations and product both for customers and merchants, as well as to expand the service to new markets.

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