British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas of the country and overseas. The firm said the funding round brought its total valuation to more than $2 billion and would allow it to expand into new “towns, cities and countries,” enlarge its technology team, and work with restaurants to develop delivery-only kitchens.

Deliveroo operates in over 150 cities across 12 countries. The funding is led by funds and accounts advised by T. Rowe Price Associates, Inc. and Fidelity Management & Research Company, the company said.

“We are excited to see this capital put to use to build out their Editions concept and expand their geographic footprint,” said Henry Ellenbogen, portfolio manager at T. Rowe Price New Horizons Fund.