Czech e-grocer Rohlik Group has raised EUR 220 million in a Series D funding round led by new investor Sofina.
Existing investors, including Index Ventures and the founder Tomáš Čupr, also participated. The transaction gets total funding at a whooping EUR 500 million.
Funds will be used to accelerate tech innovations, including automation of fulfilment centres, electric mobility, and further expansion in existing countries.
Rohlik delivers 85% of orders within 90 minutes from order or within 15-minute same-day time windows and has over 17.000 items in its assortment. Fresh produce represents about 40% of sales.
Already serving more than 1 million active customers, revenues reached EUR 500m last year. The group is profitable in the Czech Republic from 2018 and in Hungary from 2021.