Glovo, one of the world’s fastest-growing on-demand delivery players, today announced €150million ($167 million) in Series E funding. The latest round of investment is being led by Mubadala, with further support from previous investors Drake Enterprises, Idinvest and Lakestar.
Following the close of its most recent investment round the company has secured its status as a unicorn, making it only the second privately held business in Spain to surpass a $1billion valuation.