Rohlik, a Czech Republic-based grocery delivery startup, recently announced that it has raised $230 million in a Series C funding round led by Partech and Index Ventures. This investment marks one of the largest funding rounds in the history of Central and Eastern Europe’s tech sector and will enable Rohlik to expand its services across Europe. czech rohlik 230m 600mlundentechcrunch.
Founded in 2014 by Tomáš Čupr and Karel Janeček, Rohlik is a leading online grocery retailer in the Czech Republic and Hungary, with plans to expand into Austria, Germany, and other European markets. The company offers a wide selection of products, including fresh produce, dairy, meat, and other household items, delivered directly to customers’ doorsteps. czech 230m partech 600mlundentechcrunch.
The COVID-19 pandemic has accelerated the growth of online grocery shopping, with consumers opting for the convenience and safety of having their groceries delivered to their homes. This has led to a surge in demand for online grocery retailers like Rohlik, which has seen its revenue grow by 100% year-on-year. czech 230m partech.
Rohlik plans to use the funding to expand its services, invest in technology, and hire new employees. The company aims to become the go-to online grocery retailer in Europe, with a focus on delivering high-quality products, exceptional customer service, and a seamless shopping experience. czech rohlik 230m.
Partech and Index Ventures, the two investors leading the funding round, are no strangers to the tech industry. Partech has previously invested in companies like Made.com and Bitmovin, while Index Ventures has backed successful startups such as Dropbox and Slack. 230m partech 600mlundentechcrunch.
The funding round also saw participation from existing investors such as EBRD, J&T Banka, Quadrille Capital, and R2G. This indicates strong investor confidence in Rohlik’s business model and its potential for growth in the European market.
In a statement, Tomáš Čupr, CEO and co-founder of Rohlik, expressed his excitement about the funding round and the company’s plans for expansion. “This investment will help us to accelerate our growth plans and bring our best-in-class grocery delivery service to even more customers across Europe,” he said. store 600m 230bpereztechcrunch.
Overall, Rohlik’s successful funding round is a testament to the growing demand for online grocery shopping and the company’s ability to meet the needs of consumers in the region. With the support of its investors, Rohlik is well-positioned to become a leading player in the European online grocery market.