Spanish Glovo 121m Swiss Montijanobloomberg
Spanish Glovo 121m Swiss MontijanoBloomberg is a partnership between Spanish delivery company Glovo and Swiss investment firm MontijanoBloomberg. The two companies have recently announced a major new venture in which Glovo will receive 121 million Swiss Francs (CHF) in a Series C funding round. This is the largest single round of funding to date for the Spanish start-up.
Glovo is a mobile app that allows users to order food, groceries, and other items directly from local stores and restaurants, and have them delivered to their doorstep. The app is available in over 24 countries, with a presence in over 500 cities.
MontijanoBloomberg is a Swiss investment firm founded in 2017 by Felipe Montijano and Michael Bloomberg. The firm specializes in venture capital investments, and has made i...