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 ten years in business, has served over half of Swedish households. MatHem’s investors span several sectors. […]

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 2012. Despite its name, GoEuro already offers transportation options beyond the European borders and is planning […]

Norwegian online grocery retailer raises €31.4 million from Kinnevik

Norwegian online grocery retailer has raised €31.4 million from Kinnevik, which in turn will receive a 15% stake in the company. was founded in 2013 and offers grocery delivery to approximately 40% of Norwegian households. The company’s revenues grew by 88% in 2017, to €83.7 million. “Kinnevik is a dream partner for us,” […]

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 be assigned to employees with individually set limits with software and mobile apps to automatically match […]

Rocket Internet’s Home24 reportedly planning an IPO this summer

German online furniture retailer Home24 is reportedly planning an initial public offering on the stock market for this summer. Manager Magazin reports that the Rocket Internet-backed company is in the midst of preparing a listing, according to sources within the company. We’ve reached out to Home24 for a comment and will update when we hear […]