Czech food retailtech unicorn Rohlik closes $170M funding round

Prague-based food retailtech and online grocery company Rohlik has announced the closure of a $170 million growth capital round, bringing its total funding to over $780 million. The investment was led by the European Bank for Reconstruction and Development, existing investors Sofina, Index Ventures, Quadrille Capital, and TCF Capital.

About Rohlik

  • Founded in 2014 in Czech Republic, Rohlik Group is an online grocery delivery service, which achieved a unicorn status in 2021. The company is active in the Czech Republic (Rohlik.cz), Hungary (Kifli.hu), Austria (Gurkerl.at), Germany (Knuspr.de), and Romania (Sezamo.ro).
  • Rohlik operates fully automated fulfilment centres, leveraging a host of AI, ML and robotics technologies to drive efficiency and high productivity without compromising on quality. The company claims its customers experience reliable 15-minute delivery windows and same-day deliveries available as soon as 1 hour after booking.
  • Now, according to the company. Rohlik delivers over a million orders per month and served over 800,000 customers in 2023.

There is huge demand across Europe for online groceries delivered quickly and reliably without any compromise on quality. We don’t see that as a short-term phenomenon, but as a long-term opportunity around which to build a market-leading proposition.

At Rohlik, we have built the technology to deliver on that promise in a sustainable and profitable way, leveraging AI, ML and robotics technology with our obsession with customer service to drive maximum efficiency and high productivity,

Tomáš Čupr, founder and CEO of Rohlik Group, said.

Investment details

  • The investment was led by the European Bank for Reconstruction and Development (EBRD).
  • The existing investors Sofina, a Belgium-based investment company, Index Ventures, a VC firm with offices in London, Tel Aviv, San Francisco, and New York, Quadrille, based in Paris and San Francisco, an independent investment firm, and TCF Capital, an investment company focused on growing retail, retail infrastructure, also participated in the financing.

The round also complemented by growth capital funding from the European Investment Bank (EIB) under its Scale-Up Initiative. The fresh costs will accelerate Rohlik’s expansion plans in DACH and CEE, where the company aims to establish its presence in more than 10 additional cities by 2030.

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