General Mills Inc. is among the newest backers of Grubmarket, a San Francisco-based startup that runs an e-commerce program connecting farmers with customers.
Bloomberg has a report on the just-completed $120 million funding round for Grubmarket, which said the deal gives it a $2 billion market capitalization.
Grubmarket CEO Mike Xu said other new investors include Squarepoint Capital, Portfolia and Grosvenor Food & AgTech. Existing investors include Tiger Global, Liberty Street Funds, and Plymouth,…
