The online food retailer Rohlík Group received 190 million euros (about five billion CZK) from investors. Finance will help the company to expand faster in existing markets, to enter Germany as planned, but also to continue investing in technology and improving service. The company announced this in a press release on Tuesday.
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How informed SZ Business in recent days, the online supermarket is joined by Quadrille Technologies and Index Ventures (via the Luxembourg company Vitavest) and new partners in the fast-growing start-up will be Oldřich Šlemr’s family office R2G, a qualified investor fund JTFG Fund I managed by J&T Investment Company and the European Bank for Reconstruction and development. Already in January, the French fund Partech Partners entered Velká pecka, to which Rohlík belongs. Tomáš Čupr remains a shareholder, as do the original investors from the Enern Group.
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“We expect our activities to stimulate the market and force all players in the retail market to accelerate. Unlike other players in online food delivery, we do not only focus on a limited selection of items and their fast delivery, but we want to satisfy the real needs of families across Europe, “said Tomáš Čupr, Executive Director of the Rohlik Group.
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Businessman Tomáš Čupr founded the company Rohlík.cz in 2014. Since then, the online supermarket has grown to last year’s turnover of approximately 8 billion crowns. The last year was mainly driven by state closures associated with the transfer of customers to the online space.
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Rohlík.cz is now working on a major expansion abroad, which began with Hungary, followed by Vienna at the end of last year, and this year it plans to launch its services in Munich. This expansion is to be financed by the new shareholders.
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