New funding round values Deliveroo at £5.1bn

Demand for takeaway food as also surged over the past year as the public were stuck at home amid Covid-19 lockdowns.

Deliveroo has been touted to float on the stock market later this year. Picture: David Davies/PA

Deliveroo has been valued at more than £5.1bn €5.7bn following a new funding round and ahead of a potential stock market flotation.

The takeaway delivery firm raised more than £132m (€148m) from existing investors in a round led by Durable Capital Partners and Fidelity Management & Research Company.