Instacart raises $400 million at a $3.4 billion valuation to deliver groceries on-demand

 Grocery delivery startup Instacart has raised another $400 million in a new round of financing at a valuation of $3.4 billion, according to sources familiar with the deal. Axios broke news that Instacart was in talks to close the deal last week. Instacart executives declined to comment for this story. Over the past year, Instacart has weathered a number of controversies after raising… Read More

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