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

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit...