Wolt (Alfabeat portfolio company), a food delivery startup based in Helsinki, Finland, has landed $130 million in new investment to increase its European expansion and fund a hiring spree.
The investment was led by Iconiq Capital, a firm that manages money for well-known Silicon Valley entrepreneurs, including Facebook Inc. founder Mark Zuckerberg. Highland Europe, a London-based venture capital fund, EQT Ventures, the venture capital arm of Swedish private equity group EQT and Helsinki-based Lifeline Ventures also invested, the company said in a statement.
You can find more detail in Bloomberg.
Wolt, which was founded in Helsinki in 2014, delivers food in 50 cities across 15 European countries, primarily in a corridor running south from Helsinki through Tallinn to Prague and Athens and then to Tel Aviv.