UK-based Deliveroo netted 180 million in the run-up to its planned IPO, while Spain’s Glovo raised 121 million and Turkey’s Getir grabbed 128 million. The funding round in the six-year-old company was led by ICONIQ Capital. Wolt’s 530 million raise is the latest in a flurry of big-ticket investments into food delivery startups since the beginning of the year. Compared to the $662 million in new capital that we’ve raised during the past year, this puts us into a strong position for investing in our people, technology, and markets when thinking about the next few years ahead.” Arma Partners acted as financial advisor to Wolt on its 530m growth capital raise led by ICONIQ Growth, with Liked by Victor Ambrosini Arma Partners advised Nordcloud, the pan-European leader in public cloud services, on its sale to IBM. Wolt, a food delivery app that’s expanded into groceries and retail, has raised 530 million as it tries to take on Amazon. “Despite the turbulence of 2020, we’ve remained focused on growth, tripling our revenue to a preliminary $345 million against a net loss of $45 million.

has just raised 530 million dollars in a round led by the investment fund ICONIQ. “We operate in an extremely competitive and well-funded industry, and this round allows us to have a long-term mindset when it comes to doubling down on our different markets,” Wolt CEO and cofounder Miki Kuusi said. Wolt couriers are going on strike to protest pay cuts A group of Wolt. During the past year, Wolt has gone beyond restaurants and into the grocery and retail sectors. In just five years, Wolt has expanded to 23 countries and 129 cities. Wolt launched in 2015 in Helsinki, Finland with 10 restaurants. The 530 million dollars backing came from Iconiq Growth, the other backers who participated were. KKR, Iconiq Capital back food delivery business Wolt as part of 530m investment round News Nordic 9 Wolt announced raising a 530 million round of financing led by ICONIQ Growth. The new round takes the total amount of financing Wolt has raised to $856 million. Currently they have gotten a funding of 530 million dollars. The company raised $530 million from ICONIQ Growth, Tiger Global, DST, KKR, Prosus, EQT Growth, Coatue, 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partner. European delivery company Wolt has experienced tremendous growth during the pandemic and has just completed a round of financing.

Wolt 530m iconiq