E-grocer Weee! has raised $425m in a late-stage funding round led by SoftBank Vision Fund 2, riding on investor interest in a sector that has been one of the biggest winners of the pandemic.
Greyhound Capital and existing shareholders also took part in the round that took the start-up’s total capital raised so far to $800 million, Weee! said in a statement on Monday.
The California-based start-up, which counts Blackstone, Lightspeed Ventures and Tiger Global among its investors, in October acquired Asian-food delivery company RICEPO for an undisclosed sum.
Read more: Reuters
