Picnic, the fast growing Amsterdam-based grocery delivery service, today announced it has raised €250 million in a Series C financing round to fuel its growth and build a state-of-the-art robotised fulfilment center for online groceries in the Netherlands. All existing shareholders participated in the financing round, as well as ABN AMRO providing a bank loan facility.
Launched in 2015, Picnic pioneered a modern milkman with a scheduled service by its iconic little electric vans, reliable minute precise delivery and exceptionally friendly service that has rapidly expanded across more than 100 cities in the Netherlands and Germany, replacing millions of trips to the supermarket.