Series B; equity and acquisition debt · Ecommerce
Flink raises $750 million in DoorDash-led Series B
The grocery-delivery company secures backing to expand its European business.
Flink’s $750 million Series B was announced on December 10, 2021. DoorDash led the round, with Mubadala Capital and other new and existing investors participating.
The package was predominantly equity, with a smaller debt component for acquisitions.
The Berlin company planned to use the financing to expand its position in European quick commerce. Its local fulfilment centres supply groceries and household essentials ordered through its delivery platform.
Use of funds
Expand European grocery delivery network