Delivery Hero, a Berlin, Germany-based provider of online and mobile food ordering, raised €287m in financing.
Rocket Internet (Rocket) made a total investment of €496m in primary and secondary acquiring a 30% stake.
The company will use the funds to continue to expand operations.
Led by Niklas Östberg, CEO, Delivery Hero, Delivery Hero is a global network of online ordering platforms for food with more than 90,000 partner restaurants worldwide in 24 countries generating more than a billion euros in annual sales via online orders or mobile applications and delivering more than 12 million meals every month.
The company has more than 1,500 employees in 24 countries, including 500 in its Berlin headquarters.