Gorillas is now a unicorn

The start-up has raised more than 200 million euros in a financing round. This makes it the fastest start-up in Germany to be valued at over one billion euros.

Just nine months after its launch, online supermarket Gorillas is now worth one billion euros. In a recent round of financing, the Berlin-based company convinced investors to invest 245 million euros. This makes Gorillas a German Unicorn in record time, no German start-up has ever reached such a valuation so quickly.

Some prominent VCs have invested. Backers include e-commerce giant Tencent from China, DST Global and fund Coatue. Legacy investors such as Atlantic Food Labs of Berlin are also stepping up and joining in the funding round.

The idea of founder Kagan Sümer (33) is very simple: customers order their food online and the start-up delivers it to their homes within a few minutes. What's special about the implementation is that the drivers officially only need ten minutes from order to delivery, so they pack and deliver the food in no time at all. So far, the start-up, founded in 2020, is present in Cologne, Munich, Dusseldorf, Hamburg, London and the Netherlands, among other places.