Rohlik Group: Raises €220M in Series D Funding

Rohlik Group Raises €220M in Series D Funding

  • Rohlik Group, a Prague, Czech Republic-based e-grocer, raised €220m in Series D funding round
  • The round was led by new investor Sofina with participation from existing investors Index Ventures and the founder Tomáš Čupr
  • The company intends to use the funds to accelerate tech innovations, including automation of fulfilment centres, electric mobility, and further expansion in existing countries
  • The offering combines well-priced private brands, locally sourced goods from small farmers and producers and top international brands
  • Fresh produce represents about 40% of sales, more than most competitors
  • The company had revenues of EUR 500m already serving more than 1 million active customers
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users.Highlights: Revolut launches an AI assistant for better money...

Revolut Enhances Services with AI Assistant for Money Management

The new feature aims to simplify personal finance management for users.Highlights: Revolut launches AI assistant feature for usersNew...

ClearBank EU to Launch Stablecoins Including Euro Coin and USD Coin

New offerings aim to enhance digital transactions for fintech users.Highlights: ClearBank EU announces stablecoin offerings targeting fintech markets.Initial...