Online grocery startup Rohlik lands $230m for European expansion

Czech online grocer, Rohlik, has raised $230 million to expand in existing markets and enter new countries across Europe.

The funding round was led by Partech, and joined by Index Ventures, EBRD, J&T Bank, Quadrille Capital, R2G and existing investor Enern.

Founded in 2014, Rohlik currently operates its online grocery delivery service in Czech Republic, Hungary and Austria. 

It says it will close the 2020 full-year with €300 million in revenue, representing 101% annual growth and 750,000 customers.

“With this funding round, we will be able to accelerate our growth and continue to invest in our market leading technology and operating capabilities,” says Tomáš Čupr, Rohlik Group CEO.

Omri Benayoun, General Partner at Partech, comments: “Rohlik is the most exciting player in the European online grocery industry.”

“Its execution expertise has earned it the trust of both local merchants and global FMCG companies; allowing it to outperform on quality and price compared to the grocery giants.”

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