Kinnevik

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UK-based HungryPanda raises $70 million to expand its online Asian food delivery business worldwide

London-based HungryPanda, which provides a specialist online ordering platform for Chinese customers living abroad in cities around the globe, has raised $70 million in funding. The round was disclosed this morning by Swedish investment powerhouse Kinnevik, which has put […]

Food delivery company MatHem raises €47.5 million to continue expanding across Sweden

Swedish online grocer MatHem has raised 500 million SEK, or €47.5 million, to develop a new environmentally certified warehouse in Larsboda and to continue expanding its retail delivery business. The company delivers groceries and small household items and, after […]

Kinnevik invests €86 million in Swedish online grocery store MatHem, upping its stake to 38%

Swedish investment powerhouse Kinnevik has committed to invest 0.9 billion Swedish kroner (roughly €86 million) in online grocer MatHem to increase its stake to 38%. Kinnevik announced that it will invest about €38 million in primary capital into the […]

Berlin-based transportation booking platform GoEuro raises $150 million

German transportation booking platform GoEuro has landed a whopping $150 million funding round led by Kinnevik AB and Temasek, with participation from Hillhouse Capital. The current round nearly doubles the total amount raised by the company since its launch […]

Report: Rocket Internet-founded Wimdu shuts down, prepares to lay off more than 100 staff

German startup Wimdu, an “Airbnb killer” generously funded by the venture builder Rocket Internet, is shutting down, Gründerszene reports. The company is said to lay off some 50 employees in Berlin and another 60 in Lisbon by the year’s […]

Norwegian online grocery retailer Kolonial.no raises €31.4 million from Kinnevik

Norwegian online grocery retailer Kolonial.no has raised €31.4 million from Kinnevik, which in turn will receive a 15% stake in the company. Kolonial.no was founded in 2013 and offers grocery delivery to approximately 40% of Norwegian households. The company’s […]

Danish fintech startup Pleo scores $16 million from Kinnevik and others for its ‘smart company cards’

Copenhagen and London-based fintech company Pleo has landed $16 million in a Series A financing round led by Kinnevik and joined by Creandum, the Founders startup studio, Seedcamp and Vækstfonden. Pleo’s solution combines smart payment cards that can easily […]

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Kinnevik

UK-based HungryPanda raises $70 million to expand its online Asian food delivery business worldwide

Food delivery company MatHem raises €47.5 million to continue expanding across Sweden

Kinnevik invests €86 million in Swedish online grocery store MatHem, upping its stake to 38%

Berlin-based transportation booking platform GoEuro raises $150 million

Report: Rocket Internet-founded Wimdu shuts down, prepares to lay off more than 100 staff

Norwegian online grocery retailer Kolonial.no raises €31.4 million from Kinnevik

Danish fintech startup Pleo scores $16 million from Kinnevik and others for its ‘smart company cards’

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