Instacart raised $225 million in the funding round. It will use the infusion to support the surge of new customers, workers and partners and fuel behind-the-scenes work in advertising and business software it provides to grocery partners.
Dealmakers flock to Philadelphia for M&A East, with former Whole Foods CEO speaking. In New York, women dealmakers sip tequila and meet the founder of Tequila Casa Dragones. Peak Rock buys Pretzels, and Clearlake invests in OnShift.