News

January 25, 2021

Food delivery startup Wolt raises $530m — despite still having more than $100m in the bank

The Finnish delivery startup plans to expand its growing network of retail partners — and help them take on Amazon.


Amy Lewin

5 min read

It’s snowy in Helsinki, but that’s not stopping local food delivery company Wolt. It’s just raised $530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further.

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Wolt CEO and cofounder Miki Kuusi
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Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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