Silicon Canals
No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Community partners
    • Amsterdam
    • Rise by Techleap.nl
    • EOR handbook by Atlas HXM
    • Guest Contributions
    • Business Wire
    • Sign up for our newsletter!
  • Global Jobs
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Contribute your content
    • Team
    • About us
  • Partner with us
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Community partners
    • Amsterdam
    • Rise by Techleap.nl
    • EOR handbook by Atlas HXM
    • Guest Contributions
    • Business Wire
    • Sign up for our newsletter!
  • Global Jobs
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Contribute your content
    • Team
    • About us
  • Partner with us
No Result
View All Result
Silicon Canals
No Result
View All Result

Berlin-based Delivery Hero launches its own VC fund; plans to deploy €50M initial capital in these sectors

Editorial team by Editorial team
January 13, 2021
in (Crowd)funding, News, Startups, Venture Capital
Delivery Hero

Image credits: Delivery Hero

50
SHARES
LinkedInTwitterWhatsAppFacebook
Read this article in:

A few days after raising €1.2B with a capital increase, Delivery Hero, a Berlin-based food delivery platform, has launched an independently managed early-stage venture capital fund – DX Ventures. With the fund, the German company is planning to invest in disruptive founder-led companies.

Duncan McIntyre, Managing Director of DX Ventures, says: “Being a family of founders, investing in entrepreneurship is an integral part of Delivery Hero’s journey. We understand the opportunities and challenges these startups are facing because we have gone through them ourselves. Delivery Hero has built a strong track record of investing in leading technology companies and gained a deep understanding of the global delivery and food industries. We pride ourselves on being able to offer support to founders and the companies we invest in and guide them on their path to lasting success.”

Plans to deploy €50M initial capital

At present, DX Ventures has an initial capital of €50M to invest in startups across various industries including, on-demand services, food technology, sustainable innovation, artificial intelligence, fintech, and logistics.

Duncan McIntyre, who joined Delivery Hero in 2014, heads DX Ventures. Notably, he has helped the company with its listing on the Frankfurt stock exchange in 2017, and expansion into the different markets as well through over 30 M&A transactions. 

- Partner content -
Atlas HXM EOR Employee of Record
How EOR is becoming a crucial tool in 2023
EOR gains importance as companies digitise and hire globally. Learn from industry leaders...Show More
EOR gains importance as companies digitise and hire globally. Learn from industry leaders using EOR with Atlas HXM.Show Less
Read more

Centred on building long term partnerships

The DX Ventures team is responsible for over €500M of minority investments across a wide range of industries, including global success stories such as Rappi, Glovo, and Impossible Foods. 

DX Venture says that the fund’s approach is centred on building long-term partnerships with founders to provide support throughout the lifecycle and actively create value.

Fundraising, deal approval and more

A few days back, the German food delivery company raised €1.25B by issuing 9.44 million new shares to institutional investors at €132/share, increasing its current share capital by around 4.7 per cent. 

Notably, the Berlin food delivery company also received regulatory approval of its $4B (approx €3.6B) Woowa Brothers takeover deal as well. The company expects to receive the final written approval and closing to occur in the first quarter of 2021.

Currently, Delivery Hero operates in 50 countries across Asia, Europe, Latin America, the Middle East, and North Africa. It is valued at €24.5B and raised $6.6B (approx €5.4B) in funding to date. Headquartered in Berlin, Germany, the company has more than 27,000 employees.

 - Partner content -
How to succesfully outsource…
How to succesfully outsource…
...your recruitment or product development with our curated community partners!
...your recruitment or product development with our curated community partners! Show Less
Read more
Tags: fundingGermanystartupsVC
Share4Tweet13SendShare20

Partner with us | Download Media Kit

Thank you for visiting Silicon Canals! If you want to partner with us, look at our options.

Featured | Tech Events

Current Month

september, 2023

Silicon Canals | Jobs

Breaking news from Amsterdam | Partner

Amsterdam’s Truvity launches Truvity Platform to revolutionise digital identity verification technology

Amsterdam’s Bynder acquires EMRAYS to enhance AI search solutions for Digital Asset Management

Amsterdam-based Pal raises €300K to enhance its at-home digital palliative care solution

Partner content | Work with us

Meet Samaa Mohammad, an AI ethicist solving diversity problem with Techleap.nl’s DLiT Community

Founders on Bootstrapping: How Swapkaart is disrupting the business cards game being bootstrapped

Amsterdam’s tech startup Expertwired shuts shops after two years; founder thanks team, investors

  • About Silicon Canals
  • Partner with Silicon Canals
  • Impressum
  • Contact us
  • Sign up for our newsletter!
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Community partners
    • Amsterdam
    • Rise by Techleap.nl
    • EOR handbook by Atlas HXM
    • Guest Contributions
    • Business Wire
    • Sign up for our newsletter!
  • Global Jobs
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Contribute your content
    • Team
    • About us
  • Partner with us

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

X
X