Observed Signal · Jun 28, 2024 · Funding · Source: Trending Topics · Impact: 2/5 · Sentiment: Positive
Rohlik Group raises €160M, prepares IPO
The Rohlik Group, parent of Austrian online supermarket Gurkerl and German Knuspr, has closed a funding round of $170 million (€160 million). The round is led by the European Bank for Reconstruction and Development (EBRD), with participation from existing investors Sofina, Index Ventures, Quadrille, and TCF Capital, as well as growth financing from the European Investment Bank (EIB) under its Scale-Up Initiative. Founded in 2014 in the Czech Republic, Rohlik processes about one million orders per month and serves over 800,000 customers in 2023. The company plans to expand into 15 additional cities by 2030 and targets over €1 billion in revenue for 2024 with positive cash flow. Rohlik is preparing for an IPO in the coming years. The company operates fully automated logistics centers with AI, machine learning, and robotics.
Funding round for a major European online grocery, indicates growth in e-commerce and retail, but limited direct impact on advertising technology.
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Key Takeaways & Evidence Grounding
- Rohlik Group raised $170 million (€160 million) in a funding round led by EBRD.
- Existing investors Sofina, Index Ventures, Quadrille, and TCF Capital participated, alongside EIB growth financing.
- Rohlik plans to expand into 15 more cities by 2030.
- The company targets over €1 billion revenue for 2024 with positive cash flow.
- Rohlik is preparing for an IPO in the next few years.
Connected Companies & Entities
2 Entities mapped“gemeinsam mit den Bestandsinvestoren Sofina, Index Ventures, Quadrille und TCF Capital....”
“gemeinsam mit den Bestandsinvestoren Sofina, Index Ventures, Quadrille und TCF Capital....”
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