funding Archives
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Instacart Raises $600M In New Funding For Expansion, Marketing

Instacart has raised $600 million as part of a financing round led by global investment advisory firm D1 Capital Partners. The investment from D1 Capital comes after a year of growth for Instacart and raises the company’s valuation to $7.6 billion. “The U.S. is nearly a $1 trillion grocery market, and last year we saw almost every […]

Posted inPackaging News

Vericool Expanding Reach Of Recyclable, Compostable Cold Chain Packaging

Livermore, California-based Vericool, developer of Vericoolers—high-performing, sustainable cold chain packaging that the company says performs as well as Styrofoam—has closed $5 million in funding. The round was led by packaging investor and innovator BillerudKorsnäs AB’s investment company BillerudKorsnäs Venture AB. The latest round of funding will be used for capacity expansion to meet increasing demand […]