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FreshDirect raises $189 million for grocery delivery

FreshDirect, a popular online grocery service on the East Coast, is arming itself with $189 million in additional funding.  The round was led by J.P. Morgan Asset Management, with W Capital and AARP Innovation Fund investing as well. The new capital will be used to help FreshDirect build up its “manufacturing capacity” and “open up some new geographies,” according to co-founder and CEO Jason Ackerman. …