4 June 2021
Taylor Wessing advises Flink SE on US$240 million Series A financing round
Flink SE, a Berlin-based on-demand food delivery service, has raised US$240 million (just under €200 million) in investment capital in a Series A funding round. The round of capital providers was led by Prosus, BOND and Mubadala Capital. As in the seed funding round in March 2021, the start-up was advised by international law firm Taylor Wessing, led by Berlin-based partner Norman Röchert, on all legal issues related to the Series A funding round.
Founded in December 2020, the app-based delivery service currently offers instant delivery of fresh food by e-bike in 18 cities from a standalone infrastructure of 50 full-filment centres. With the fresh capital, the Berliners intend to drive the opening of new locations. The start-up is supported by REWE Group as a cooperation partner for the purchase of goods and logistical planning.
Related Insights
Taylor Wessing advises music tech start-up Enote on €10 million pre-Series A funding
VC and growth experts Dr Norman Röchert and Dr Armin Bartsch advised AI-music tech startup Enote on all legal aspects of the funding round.
by multiple authors
Taylor Wessing advises One Peak as lead investor on Series B financing round in Hygraph
VC and growth experts Dr Norman Röchert and Dr Armin Bartsch, advised lead investor One Peak on all legal aspects of the funding round.
by multiple authors
Taylor Wessing advises thyssenkrupp on Fleet's investment in carValoo
by multiple authors