Wolt closes $530M round to continue expanding beyond restaurant delivery – TechCrunch
Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding. The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. The new round takes the total amount of financing Wolt has raised to $856 million. More recently, like others in the restaurant delivery space, Wolt has expanded beyond restaurants and takeout food into the grocery and retail sectors. “Today, Wolt is much more than a restaurant delivery service, you can order groceries, electronics, flowers, clothes and many other things on our platform,” he explains.