Startup Too Good To Go Weighs €300 Million Funding Round
Too Good To Go, which operates an app that allows users to buy near-expired food at a discount, is considering raising €200 million ($231 million) to €300 million in a new funding round to support its business expansion, people familiar with the matter said.
The Copenhagen-based company is working with advisers on the potential fundraising and has reached out to prospective investors, said the people, who asked not to be identified as the information is private. The new round could propel Too Good To Go's valuation to more than $1 billion, making the startup a so-called unicorn, the people said.
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