Grocery Firm Rohlik Raises $120 Million for Unicorn Valuation

Czech Republic-based online grocery firm Rohlik Group has raised 100 million euros ($119 million) to accelerate its international expansion as pandemic lockdowns increased consumers’ preference for shopping from their homes.

The new funding was led by Index Ventures, with existing shareholders participating, and it valued the company at 1 billion euro, according to a statement. The financing follows a $230 million round of fund raising in March.

“This investment shows our investors’ confidence in Rohlik Group’s fast growth,” founder and Chief Executive Officer Tomas Cupr said in the statement. “We are now perceived as a European company able to ...