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.
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