Deals
Finnish Food Delivery App Wolt to Hire 1,000 After New Funding
- Company has targeted smaller cities shunned by Deliveroo, Uber
- Investment led by Silicon Valley wealth manager Iconiq Capital
This article is for subscribers only.
Wolt Enterprises Oy, a food delivery startup based in Helsinki, Finland, has landed $130 million in new investment to increase its European expansion and fund a hiring spree.
The investment was led by Iconiq Capital, a firm that manages money for well-known Silicon Valley entrepreneurs, including Facebook Inc. founder Mark Zuckerberg. Highland Europe, a London-based venture capital fund, EQT Ventures, the venture capital arm of Swedish private equity group EQT and Helsinki-based Lifeline Ventures also invested, the company said in a statement.