Netherlands-based technology investor Prosus, US-headquartered Bond, and the financial investment arm of the UAE's soveriegn welath fund, Mubadala Capital, have led a $250m series-A funding round for Flink, a grocery delivery startup in Germany.
North America-focused fund held a first close in June 2020 and has made 20 investments
Paragon Partners will own a 55% in the newly formed entity following the carve-out
FPE acquired the assessment software in 2016 and has sold it to Battery Ventures' Learnosity
Company was reportedly marketed based on EBITDA of €16m