JOKR’s $260 Million Series B Financing

Latham & Watkins represented Activant Capital in the transaction.

JOKR, the instant grocery delivery startup that utilizes local warehouse facilities to offer a full selection of products with 15-minute delivery capabilities, has announced it secured US$260 million in Series B funding, making the company a newly minted unicorn valued at US$1.2 billion.

G-Squared, Activant Capital, Balderton, Greycroft, GGV Capital, G-Squared, HV Capital, Kaszek, Mirae Asset, Monashees, Moving Capital, Tiger Global, and others participated in the round.

Activant is a global investment firm that partners with high-growth companies that are transforming commerce.

Latham & Watkins represented Activant Capital in the financing with a cross-border team led by New York partner Stelios Saffos (Picture) and Frankfurt partner Markus Krüger, with New York associate Teddy Ellison.

Involved fees earner: Teddy Ellison – Latham & Watkins; Markus Krüger – Latham & Watkins; Stelios Saffos – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Activant Capital;