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Gorillas

Gorillas

Gorillas is an on-demand small-batch grocery delivery service.

Overview

Gorillas is a grocery delivery service founded in Straßen, Rheinland-Pfalz, Germany, in May of 2020 by Kağan Sümer and Jörg Kattner. The company began operating primarily in Berlin and Cologne, Germany, while advertising ten-minute delivery capabilities by utilizing "hyper-local" fulfillment centers. Gorillas announced its second funding round (Series A) in December of 2020, closing at $44M.

Concept

Gorillas is built on the concept of micro fulfillment, according to the company CEO Kağan Sümer, who co-founded the company to "address grocery markets outside of weekly bulk shopping." Gorillas collects data on what consumers in certain areas need and provide those single sale items in a 10-minute delivery format at retail prices and a delivery fee of 1.80 Euros.

Expansion

Sümer states that the funds raised in the December 2020 Series A funding round will be used to expand Gorillas to more areas in Germany and rollout in other areas of Europe, with an initial push in Amsterdam. Gorillas additionally stated it plans to expand to 15 cities and 60 fulfillment centers by the end of Q2 2021.

Timeline

March 2021
Gorillas raises a $290,000,000 series B round from Coatue Management.
December 11, 2020
Gorillas, the on-demand grocery delivery startup in Berlin, has raised $44M Series A

Gorillas, a grocery delivery startup that operates its own hyperlocal fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably one of European tech's worst kept secrets this year, the round is led by hedge fund Coatue, with participation from other unnamed European investors.

December 2020
Gorillas raises a $44,000,000 series A round from Coatue Management.
August 2020
Gorillas raises a $1,469,000 seed round from Atlantic Food Labs.

Funding rounds

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News

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Sarah Butler
June 4, 2021
the Guardian
Turkish company founded in 2015 valued at $7.5bn as investors race to buy into ultrafast grocery delivery
Nancy Luna
May 26, 2021
Business Insider
CEO Kağan Sümer says Gorillas can convince US shoppers to abandon Costco-style bulk-buying habits once they experience the speed of his service.
Nancy Luna
May 24, 2021
Business Insider
The year-old startup delivers goods to consumers in under 10 minutes from micro warehouses. Delivery by its cycling fleet will cost less than $2.
Sarah Butler
May 22, 2021
the Guardian
Players such as Weezy or Getir aim to make ordering milk, wine or crisps as easy as turning to Spotify or Netflix
Callum Burroughs
May 12, 2021
Business Insider
The company's chief operating officer and cofounder Felix Chrobog has departed the firm, which is backed by Tencent and DST Global.
Callum Burroughs and Shona Ghosh
May 6, 2021
Business Insider
Delivery startup Getir is backed by Facebook investor Sequoia Capital and competes with other well-funded grocery companies.
Zoomo
May 3, 2021
www.prnewswire.com:443
/PRNewswire/ -- Australian born e-bike innovator Zoomo, announces today it has secured $12 million from existing and new investors, led by top tier Australian...
Shona Ghosh
April 13, 2021
Business Insider
Grocery retail is a famously low-margin business, but a fresh crop of startups are focusing on dark stores and convenience store items to make a profit.
Science X staff
April 8, 2021
phys.org
The gorilla chest beat is one of the most emblematic sounds in the animal kingdom. However, until recently, it was unclear what information gorillas were conveying when they gave these impressive displays. A team of international researchers show that chest beats reliably indicate the body size of the chest beater. Body size indicates competitive ability in gorillas. Therefore, this information is likely to be crucial for rival males as well as females in influencing mate choice.
Andrii Degeler
April 6, 2021
Tech.eu
The European startup ecosystem has been showing great growth numbers over the past year, which was well documented by ourselves and other organisations that keep track of the numbers. In the first quarter of this year, however, we also noticed a significant number of startups entering the unicorn territory -- a metric that may be showing [...]
Amy Lewin and Cecile Bussy
March 29, 2021
Sifted
A deep dive into Europe's on-demand grocery delivery startups -- the sector every VC wants to invest in right now.
Dan Taylor
March 26, 2021
Tech.eu
Berlin-based ultra fast delivery service Gorillas has raised $290 million and become Europe's fastest unicorn to date. The round was led by Coatue Management, DST Global and Tencent, with participation from Fifth Wall, Greenoaks and previous investor, Atlantic Food Labs. The delivery service previously raised $44 million in a series A round in early December [...]
Steve O'Hear
March 25, 2021
TechCrunch
Gorillas, the Berlin-HQ'd startup that promises to let you order groceries and other "every day" items for delivery in as little as ten minutes, has raised $290 million in Series B funding, at a valuation that surpasses $1 billion. The round -- which was first reported by BI -- is led by Coatue Management, DST [...]
Miriam Partington and Amy Lewin
March 25, 2021
Sifted
Berlin-based on-demand delivery startup Gorillas raises €245m and becomes a unicorn, nine months after launch.
Steve O'Hear
March 25, 2021
TechCrunch
Gorillas, the Berlin-HQ'd startup that promises to let you order groceries and other "every day" items for delivery in as little as ten minutes, has raised $290 million in Series B funding, at a valuation that surpasses $1 billion. The round is led by Coatue Management, DST Global, and Tencent, with participation from Green Oaks, [...]
Steve O'Hear
December 11, 2020
TechCrunch
Gorillas, a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably one of European tech's worst kept secrets this year, the round is led by hedge fund Coatue, with participation from other unnamed European investors. Coatue's [...]
Steve O'Hear
December 11, 2020
TechCrunch
Gorillas, a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably one of European tech's worst kept secrets this year, the round is led by hedge fund Coatue, with participation from other unnamed European investors. Coatue's [...]
Callum Burroughs
November 25, 2020
Business Insider
Pre-launch dark store startups are already hitting crazy valuations.
Ian Randall
October 28, 2020
Mail Online
Researchers from Exeter tracked the movement and interactions of groups of mountain gorillas in Rwanda over a 16-year-period.

References

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