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Latham & Watkins Advises Activant Capital in JOKR’s US$260 Million Series B

December 2, 2021
A cross-border team advises investor in the financing that makes the eGrocer one of the fastest companies to reach unicorn status in history.

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.

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