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Instacart’s Valuation Doubles to $39 Billion in New Fundraising

By
Martin Peers
· · Source: The Information

Instacart has raised $265 million in a new financing round that values the grocery delivery company at $39 billion, the company announced . That valuation is more than double where it was valued in a fundraising last October. The fundraising, backed by existing investors including Andreessen Horowitz, Sequoia Capital and Fidelity Management, comes two months after Instacart hired a top...

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