Funding
Series A · Ecommerce

Flink raises $240 million Series A to expand grocery delivery

Prosus, Bond and Mubadala Capital lead backing for the Berlin company’s fulfilment network.

By RoundOS Funding desk

Flink announced a $240 million Series A on June 4, 2021, led by Prosus, Bond and Mubadala Capital.

The financing supports the opening of new locations for its rapid grocery-delivery service. At the announcement, Flink operated 50 fulfilment centres serving 18 cities.

Customers order groceries through the app for delivery by e-bike. REWE supported the business as a partner for sourcing goods and logistical planning.

Use of funds

Open grocery fulfilment locations

Funding history

Series A · This round$240M
Seed$52M

Sources

  1. Flink historical financing evidencetaylorwessing.com · Jun 4, 2021

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