Warehouse firm Deliverr snags $170 million in funding

Warehouse and delivery startup Deliverr said Wednesday it has raised an additional $170 million, including a $135 million Series D funding round led by venture capital firm Coatue and a $35 million convertible note led by Brookfield Technology Partners. Existing investors such as 8VC, Activant Capital and GLP also participated, San Francisco-based Deliverr said.

The latest round brings to $240 million the total capital raised by the company, which positions itself as an “asset-light” warehouse...

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