Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation

After a challenging few months that included closing markets, instant grocery delivery company JOKR told TechCrunch it raised $50 million in a Series C investment on a $1.3 billion post-money valuation.

The funding, which The Information first reported that JOKR was seeking last September, follows a $260 million raise announced in November 2021. However, with the valuation the company is getting a slight bump, up from the $1.2 billion pre-money valuation from the Series B.

“It’s not a huge uptake in terms of valuation, and obviously...

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