News

November 10, 2021

Wolt acquisition leaves early investors with 200x payouts

DoorDash sale makes EQT Ventures a 200x uplift on their 2016 investment


Mimi Billing

3 min read

A Wolt driver

Finnish food delivery startup Wolt announced it has been acquired by the US food delivery company DoorDash today in an all-stock transition of €7bn. It’s the largest acquisition of a Finnish startup since China’s Tencent bought a majority stake in the games company Supercell in 2016.

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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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