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.
The company operates in Prague (rohlik.cz), Budapest (kifli.hu), Vienna (gurkerl.at), Munich, Frankfurt (knuspr.de).
Soon, it will be launched in Hamburg, Milan (sezamo.it), Bucharest (sezamo.ro) and Madrid (sezamo.es).
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.