Instacart raises $400 million at a $3.4 billion valuation to deliver groceries on-demand

 Grocery delivery startup Instacart has raised approximately $400 million in a new round of venture funding at a valuation of $3.4 billion according to sources familiar with the deal. Axios broke news that Instacart was in talks to close this mammoth venture deal last week. Instacart executives declined to comment for this story. Over the past year, Instacart has weathered controversies… Read More