The online food delivery market is one of the massive business opportunities across the world. This market is estimated to grow from $35 billion to a whopping $365 billion in a decade. As it is a massive opportunity, every company in this sector wants to grow along with the industry. One such startup in the food delivery sector that is aimed at disrupting the market is Wolt.
Raised €142M funding
In a recent development, Helsinki-based Wolt, a food delivery startup has raised $160 million (nearly €142 million) in a new funding round. This funding consists of two undisclosed rounds in the past including the $130 million (nearly €115 million) Series C funding led by ICONIQ Capital and $30 million (nearly €26.5 million) Series B funding led by 83North.