Wolt has landed $130 million in new investment

Inventure portfolio company Wolt has landed $130 million in new investment

Wolt has landed $130 million in new investment

Wolt Enterprises Oy, 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 EQTand Helsinki-based Lifeline Ventures also invested, the company said in a statement.

An earlier $30 million investment round led by Israeli venture capital firm 83North closed in January 2018.

 

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