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Food delivery company Wolt raises €100M in new funding round

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Food delivery company Wolt raises €100M in new funding round

Finland-based food delivery company Wolt Enterprises Oy raised €100 million in a new funding round in light of a potential economic downturn due to COVID-19.

Goldman Sachs Group Inc.'s Growth Equity arm participated in the funding round as a new investor, with existing investors including Iconiq Capital LLC, Highland Europe (UK) LLP, 83North Ltd. and EQT Ventures also participating.

The funding round will also give Wolt room to accelerate its expansion in some markets.

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