News

September 21, 2022

Glovo founder Oscar Pierre launches new €50m VC fund

The announcement comes as the company is fined €79m for breaching labour laws


Tim Smith

3 min read

Glovo cofounder Oscar Pierre

Oscar Pierre, cofounder and CEO of Spanish delivery company Glovo, is launching a new VC fund, and he’s hiring for an investor to join the team. It's called Yellow Fund and will invest in startups from idea stage to Series A, according to a new website, which has had all information removed from it since Sifted published this article.

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Tim Smith

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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