# Glovo funding: rounds and investors > Glovo has raised $342M across 4 rounds since 2016. Investors include Rakuten Capital, Idinvest Partners and Mubadala. Every round with its source. Source: https://millionrounds.com/company/glovo (Millionrounds; every figure on the page links to its filing or article) Spain · [Series E startup](https://millionrounds.com/companies) # Who invested in *Glovo* 4 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Internet Funding summary Updated 26 Oct 2026 **$342M** raised across 4 rounds since 2016, from 4 sources **$5.6M** Series A **$35M** Series B **$134M** Series C **$167M** Series E - **Latest round:** Series E, $167M Dec 2019 - **Led by:** Mubadala - **Step-up i:** 1.2× - **Investors:** 14 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2017 2018 2019 **$5.6M** Series A **$35M** Series B **$134M** Series C **$167M** Series E - **First round:** Series A, $5.6M - **Biggest round:** $167M - **Usual gap between rounds:** 14 months ## The rounds - **Dec 2019** Series E **$167M** *3 new* *1 returning* [Mubadala](https://millionrounds.com/fund/mubadala) Lead [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Lakestar](https://millionrounds.com/fund/lakestar) [Drake Enterprises](https://millionrounds.com/fund/drake-enterprises) Reported by FinSMEs - **Jul 2018** Series C **$134M** *4 new* *1 returning* [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Seaya Ventures](https://millionrounds.com/fund/seaya-ventures) Cathay Innovation/ AmRest GR Reported by TechCrunch - **Oct 2017** Series B **$35M** *5 new* [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Lead [Caixa Capital](https://millionrounds.com/fund/caixa-capital) [Bonsai](https://millionrounds.com/fund/bonsai-2) Cathay Innovation/ Seaya Entre Reported by TechCrunch - **Aug 2016** Series A **$5.6M** *2 new* [Antai Venture Builder](https://millionrounds.com/fund/antai-venture-builder) Spain’s Seaya Ventures Reported by TechCrunch ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2016 **Series B** 2017 **Series C** 2018 **Series E** 2019 [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) L [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Mubadala](https://millionrounds.com/fund/mubadala) L [Lakestar](https://millionrounds.com/fund/lakestar) [Caixa Capital](https://millionrounds.com/fund/caixa-capital) [Seaya Ventures](https://millionrounds.com/fund/seaya-ventures) [Antai Venture Builder](https://millionrounds.com/fund/antai-venture-builder) [Bonsai](https://millionrounds.com/fund/bonsai-2) [Drake Enterprises](https://millionrounds.com/fund/drake-enterprises) Cathay Innovation/ AmRest ## Everyone who backed them [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC **2** rounds, led 1 [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) Private equity **2** rounds [Mubadala](https://millionrounds.com/fund/mubadala) Private equity **1** round, led 1 [Lakestar](https://millionrounds.com/fund/lakestar) VC firm **1** round [Caixa Capital](https://millionrounds.com/fund/caixa-capital) Corporate VC **1** round [Seaya Ventures](https://millionrounds.com/fund/seaya-ventures) VC firm **1** round [Antai Venture Builder](https://millionrounds.com/fund/antai-venture-builder) VC firm **1** round [Bonsai](https://millionrounds.com/fund/bonsai-2) Growth equity **1** round [Drake Enterprises](https://millionrounds.com/fund/drake-enterprises) Growth equity **1** round Cathay Innovation/ AmRest no record of our own yet **1** round Cathay Innovation/ Seaya no record of our own yet **1** round Entre no record of our own yet **1** round GR no record of our own yet **1** round Spain’s Seaya Ventures no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=glovo). ## Also claim to have backed them These 11 firms list Glovo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Bonsai Partners](https://millionrounds.com/fund/bonsai-partners) VC firm Per its own site [Korelya Capital](https://millionrounds.com/fund/korelya-capital) VC firm Per its own site [VARIV](https://millionrounds.com/fund/variv-capital) Venture studio Per its own site [Vostok New Ventures](https://millionrounds.com/fund/vostok-new-ventures) VC firm Per its own site [Firedrop](https://millionrounds.com/fund/firedrop) Micro VC Per its own site [Antai Ventures](https://millionrounds.com/fund/antai-ventures) Venture studio Per its own site [Invariantes Fund](https://millionrounds.com/fund/invariantes-fund) VC firm Per its own site [VNV Global](https://millionrounds.com/fund/vnv-global) VC firm Per its own site [Blue Lion](https://millionrounds.com/fund/blue-lion) VC firm Per its own site [Solon Inversiones](https://millionrounds.com/fund/solon-inversiones) Investment firm Per its own site [Solon Venture Capital](https://millionrounds.com/fund/solon-venture-capital) VC firm Per its own site ## Quick answers about Glovo ### Who invested in Glovo? Glovo's investors include Rakuten Capital, Idinvest Partners, Mubadala, Lakestar and Caixa Capital, and 9 more on record. Mubadala led its latest round. ### How much has Glovo raised? Glovo has raised $342M across 4 rounds since 2016. ### When did Glovo last raise? Glovo's most recent round was a Series E of $167M in Dec 2019, led by Mubadala. ### What was Glovo's biggest round? Its most recent round, $167M in Dec 2019, is also its largest on record. ### Who backed Glovo first? Glovo's first round on record, in Aug 2016, was backed by Antai Venture Builder and Spain’s Seaya Ventures. ### What stage is Glovo at? Glovo's latest named round is a Series E, in Dec 2019. ### Where is Glovo based? Glovo is based in Spain. ### Who led Glovo's rounds? Rakuten Capital led the Series B in 2017; Mubadala led the Series E in 2019. ## Companies like Glovo In the same sector, and raised in the last eighteen months. [**Badi** $51M · Jul 2026](https://millionrounds.com/company/badi)[**MOVEMENTS** $2.4M · Apr 2026](https://millionrounds.com/company/movements)[**Cocopool** $307K · Mar 2026](https://millionrounds.com/company/cocopool)[**myGolf** $438K · Feb 2026](https://millionrounds.com/company/mygolf)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app