DGAP-News | 12 Jan, 2021 8:00 AM
Delivery Hero SE
/ Key word(s): Miscellaneous
Delivery Hero launches venture capital fund DX Ventures to drive innovation in food, delivery and beyond
Berlin, 12 January 2021 ﹣ Delivery Hero SE ("Delivery Hero"), the world's leading local delivery platform, today announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies. DX Ventures currently has initial capital of EUR 50 million to deploy globally and is fully funded by Delivery Hero SE. The fund has a broad mandate to invest across a wide variety of industries, including on-demand services, food technology, sustainable innovation, artificial intelligence, fintech and logistics.
Duncan McIntyre, Managing Director of DX Ventures, said: "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."
Delivery Hero is known for its entrepreneurial and innovative mindset and has been supporting start-ups with venture capital for many years. The DX Ventures team has been responsible for over EUR 500 million of minority investments across a wide range of industries, including global success stories such as Rappi, Glovo and Impossible Foods.
12.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Delivery Hero SE|
|Oranienburger Straße 70|
|Phone:||+49 (0)30 5444 59 105|
|Fax:||+49 (0)30 5444 59 024|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, OTC QB, OTC QX, SIX, Vienna Stock Exchange|
|EQS News ID:||1159936|
|End of News||DGAP News Service|