The Turkish rapid delivery startup Getir raised its valuation to USD 11.8 billion after raising USD 768 million funding and became the second decacorn of Türkiye behind online retailer Trendyol, just one year after being a unicorn in March 2021.
Getir's investors in the last financing round included Mubadala Investment Company, Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global.
“We believe Getir will maintain its leadership in the sector with the new categories and countries it has entered and will enter in the coming period. We are proud to be a part of it as Getir continues to grow,” said İbrahim Ajami, Mubadala’s Head of Ventures & Growth.
According to the data published by CB Insights, which lists the unicorn companies in the world, Getir rose to 36th place among 1,052 unicorn companies in the world with the latest valuation. This valuation also brought Getir to the 4th place in the list of unicorns in Europe.