Rohlik Group, a European food retail technology and online grocery company, has secured $170 million in growth capital.

The investment was led by the European Bank for Reconstruction and Development (EBRD) and supported by existing investors such as Sofina, Index Ventures, Quadrille and TCF Capital, along with funding from the European Investment Bank (EIB) under its Scale-Up Initiative.

The funding will be used to drive Rohlik’s expansion plans across the DACH (Germany, Austria, Switzerland) and CEE (Central and Eastern Europe) regions. The company aims to establish a presence in over 10 additional cities by 2030.

According to the company, the planned expansion into more than 10 additional DACH and CEE cities will "significantly boost" Rohlik’s customer base and align with the company’s long-term vision of becoming the leading online grocery delivery service not just in CEE but across Europe.

Founded to meet the increasing demand for high-quality online grocery services, Rohlik said it has achieved rapid growth in the DACH and CEE regions. Monthly deliveries now exceed one million, and in 2023 alone, it served over 800,000 customers.

The company’s strategy centres on local assortments, competitive pricing and efficient delivery powered by proprietary technology. Rohlik operates fully automated fulfillment centres using AI, machine learning (ML) and robotics to ensure high productivity and service quality, boasting 97% on-time deliveries and 15-minute delivery windows.

Tomáš Čupr, founder and CEO of Rohlik Group, said:“There is huge demand across Europe for online groceries delivered quickly and reliably without any compromise on quality. We don’t see that as a short-term phenomenon, but as a long-term opportunity around which to build a market-leading proposition."

"At Rohlik, we have built the technology to deliver on that promise in a sustainable and profitable way, leveraging AI, ML and robotics technology with our obsession with customer service to drive maximum efficiency and high productivity. This funding will allow us to accelerate our growth, opening facilities in more than 10 new cities, and setthe standard in online grocery delivery across Europe.”

Tamas Nagy, director and co-head of Equity Investments at EBRD, commented: “We first partnered with Rohlik three years ago and have been continuously impressed by the management team’s execution and investment into proprietary technology, automation and increasing use of artificial intelligence across its operations. We are very proud to support Rohlik’s growth and expansion plans in the years to come.”

Kyriacos Kakouris, vice president at EIB, added: "This financing marks the first operation under the EIB Scale-up Initiative, designed to support more mature growth companies like Rohlik. It underscores our commitment to fostering innovation and digitalisation across Europe, particularly in sectors crucial to the competitiveness of our economy.”

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