Delivery Hero launches venture capital fund DX Ventures to drive innovation in food and delivery

Tuesday 12 January 2021 13:18 CET | News

Delivery Hero has launched DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.

According to the press release, 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.

The DX Ventures team seeks to leverage global insights alongside local know-how to help founders grow outstanding companies. The fund’s approach is based on building long term partnerships with founders to provide support throughout the company lifecycle, including utilising Delivery Hero’s deep technical expertise and extensive network of entrepreneurs around the globe.

Overall, Delivery Hero is known for its entrepreneurial 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.

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Keywords: Delivery Hero, launch, DX Ventures, venture capital fund, Rappi, Glovo, Impossible Foods
Categories: Payments & Commerce
Countries: World
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