In conversation with the FT this week, Kuusi said: “Frankly speaking, if you had asked me a few months ago, I would have said we would rather compete. It’s just raised 530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further. “We started the readiness process after the last round,” he told us back in January, when Wolt announced a $530m investment led by ICONIQ Growth. It’s snowy in Helsinki, but that’s not stopping local food delivery company Wolt. Last time Sifted spoke to Miki Kuusi, Wolt’s cofounder and chief executive, the endgame was an initial public offering (IPO). Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised 530 million in new funding. Previous backers 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage. The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. The 530 million dollars backing came from Iconiq Growth, the other backers who participated were. Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised 530 million in new funding. Iconiq Growth has led a 530m funding round for Finland-based consumer products delivery service Wolt. It has also been exploring the super-hot grocery delivery sector, experimenting with a handful of “dark stores” in Finland and signing partnerships with big and small food retailers across Europe. Currently they have gotten a funding of 530 million dollars. Wolt har over 530 ansatte, og hadde som uttalt ml ansette 1 000 flere. Like many of its competitors, Wolt saw business boom during the pandemic, jumping from 700 employees and €87m in turnover in 2019 to 2,200 employees and $345m in revenue in 2020. Wolt er et finsk teknologiselskap som er kjent for sin matleveringsplattform. I just saw that we can do so much more together” “Frankly speaking, if you had asked me a few months ago, I would have said we would rather compete. It has over 4,000 employees and operates in 23 companies. 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. Wolt, which was founded in 2014, was a pioneer in the European food delivery sector.
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