Berlin Based Grocery Delivery Start-Up Raises $750m In Financing Round

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Grocery delivery start-up Flink has raised $750 million in an additional funding round, it said on Friday, giving the German company the funds to further expand and cash in on the home food delivery boom.

Its Series B funding round was led by U.S. tech firm Doordash in September, and also included investors such as Mubadala Capital, part of Abu Dhabi’s sovereign wealth fund

The privately-held company currently  has more than 140 delivery hubs in over 60 cities, reaching up to 10 million customers, with Germany and the Netherlands its largest markets.

– Reuters

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