What an incredible two days for the EU tech scene. Congratulations go out to Deliveroo ($575M) and to GetYourGuide ($484M) on closing out their extraordinary funding rounds.
Investments at this scale help to create global category leaders. A remarkable achievement by these companies and, surely, a seminal moment for the EU tech ecosystem.
Online giant Amazon has announced a big investment in food courier Deliveroo. The exact figure was not given, but Amazon is the biggest investor in Deliveroo's latest round of fund raising, which in total raised $575m (£450m). Deliveroo said it would use the money for international expansion, improving its service and to grow its delivery-only kitchens business. Several existing US investors also contributed to the fund raising. The amount of capital invested in Deliveroo since it was founded in 2013 now totals more than $1.5bn.