Instacart raises $271M in new fund rising in November

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Source: Dukascopy Bank SA
Grocery delivery startup firm Instacart raised $271M this month from investors, including Tiger Global Management, bringing the latest round of funding to $871M, sources familiar with the matter stated.
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Thu, 15 Nov 2018 07:31:04 GMT

South Korea's CJ acquires Schwan's Co for $1.84B

On Thursday, the South Korean food giant CJ CheilJedang stated it had acquired the privately-owned US frozen food company Schwan's Co in a deal worth $1.84B, the biggest-ever takeover by the food-to-entertainment conglomerate.

Thu, 15 Nov 2018 05:42:57 GMT

Bain Capital Ventures closes $1B fund

Bain Capital Ventures, the venture capital arm of the investment firm based in Boston, stated that it raised a new $1B fund to invest in startup companies, adding to a year of fund-raising by tech investors.

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