Rohlik Group, a leading food retail technology company based in Prague, Czech Republic, has announced a successful funding round, raising a total of $170M in growth capital. The funding round was spearheaded by the European Bank for Reconstruction and Development (EBRD) and saw participation from existing investors Sofina, Index Ventures, Quadrille, and TCF Capital. Additionally, the European Investment Bank (EIB) provided growth capital funding through its Scale-Up Initiative to support Rohlik Group's ambitious growth strategy.
Enhancing Expansion Plans in DACH and CEE
With this latest injection of capital, Rohlik Group has outlined plans to accelerate its expansion efforts in the DACH (Germany, Austria, Switzerland) and CEE (Central and Eastern Europe) regions. By 2030, the company aims to solidify its presence in over 10 new cities, further strengthening its position in the online grocery market.
Revolutionizing the Online Grocery Experience
Founded by CEO Tomáš Čupr, Rohlik Group prides itself on offering an extensive range of products through its online grocery platform. The company emphasizes reliable delivery, automation processes, and a commitment to enhancing the customer experience. From fresh produce sourced from local farmers to household staples and private label brands, Rohlik Group caters to a diverse customer base. The company's innovative approach includes 15-minute delivery windows and same-day delivery options, with orders being fulfilled in as little as one hour.
Expanding Reach Across Europe
Currently operating in multiple European countries, including the Czech Republic, Hungary, Austria, Germany, and Romania, Rohlik Group continues to expand its footprint in the region. Each market presence, such as Rohlik.cz in the Czech Republic and Knuspr.de in Germany, reflects the company's commitment to delivering quality, efficiency, and sustainability in the online grocery sector.
In conclusion, the $170M investment secured by Rohlik Group marks a significant milestone for the company as it embarks on a new phase of growth and expansion. By leveraging this capital infusion, Rohlik Group is poised to redefine the online grocery experience and solidify its position as a key player in the industry.