Grocery delivery start-up Flink has raised $750 million in an additional funding round, it said on Friday, giving the German company the funds to further expand and cash in on the home food delivery boom.
Flink is one of several food delivery start-ups, including Gorillas, Getir, and Weezy, that have grown rapidly during the COVID-19 pandemic by delivering groceries within minutes of an order being placed via smartphone app.
Its Series B funding round was led by US tech firm Doordash in September, and also included investors such as Mubadala Capital, part of Abu Dhabi’s sovereign wealth fund.
Read more/Source: Reuters
