Berlin-based Cherry Ventures has launched its fourth fund, a €300 million ($340 million) early-stage tech fund. The Cherry IV fund will also feature a dedicated crypto and web3 strategy, building off Cherry’s existing portfolio in the space. Cherry’s portfolio includes unicorns Flink and SellerX, Infarm, as well as AUTO1 Group, FlixBus, flaschenpost, Forto, Xometry and […]
Flink, the Berlin-based grocery delivery startup that operates its own ‘dark stores’, raises $52M
The on-demand grocery delivery industry in Europe (and beyond) continues to heat up amidst the pandemic, including a plethora of startups taking a vertical approach by operating their own delivery only or “dark” stores. The latest to show its hand is Berlin-based Flink, which today is announcing that it has raised a hefty $52 million in seed financing.
The round is led by Target Global and existing investors Northzone, Cherry Ventures and Silicon Valley-based debt provider TriplePoint Capital. Cristina Stenbeck from Kinnevik also joins the round in a personal capacity.