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