WS Investor
03 Mar 2026, 18:45
Prosus N.V. has led a US$100 million funding round in Flink to support expansion in Germany and the Netherlands.
The financing, joined by existing investors and new backer Btomorrow Ventures, strengthens Flink’s balance sheet following consolidation in the European online grocery market. The company confirmed it has reached EBITDA profitability after refining its operating model with a focus on unit economics and cost discipline.
Flink plans to open additional hubs in selected German regions in 2026, targeting areas that meet strict profitability and density criteria. The company operates around 160 hubs across Germany and the Netherlands, serving more than 22.5 million people, with an average basket size of over €45 and delivery times of approximately 30 minutes.
Prosus said the investment positions Flink to capture further growth as online grocery penetration remains relatively low in Germany and the Netherlands compared with more mature markets such as the UK.
The financing, joined by existing investors and new backer Btomorrow Ventures, strengthens Flink’s balance sheet following consolidation in the European online grocery market. The company confirmed it has reached EBITDA profitability after refining its operating model with a focus on unit economics and cost discipline.
Flink plans to open additional hubs in selected German regions in 2026, targeting areas that meet strict profitability and density criteria. The company operates around 160 hubs across Germany and the Netherlands, serving more than 22.5 million people, with an average basket size of over €45 and delivery times of approximately 30 minutes.
Prosus said the investment positions Flink to capture further growth as online grocery penetration remains relatively low in Germany and the Netherlands compared with more mature markets such as the UK.