Flink Raises $240M in Series A Funding


Flink, a Berlin, Germany-based on-demand grocery delivery startup, raised $240m in Series A funding.

The round was co-led by Prosus, BOND and Mubadala Capital.

The company intends to use the funds to continue to expand operations and its business reach.

Led by CEO Oliver Merkel, Julian Dames and Christoph Cordes, Flink is an online grocery shopping service offering a selection of over 2,000 products to be delivered to clients in 10 minutes. To this end, the company leverages more than 50 delivery hubs located in densely populated inner city locations.