Speedy grocery company Getir has raised $500m in fresh financing at a much-reduced post-money valuation of $2.5bn. That’s less than a quarter of the $11.8bn valuation the Turkish scaleup attracted when it last raised money in 2022, according to reporting by the Financial Times.
Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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