The developer of Finnish food delivery app Wolt has raised €100m in a series-D funding round from current investors Iconiq Capital, Highland Europe, 83North and EQT Ventures, and new investor Goldman Sachs Growth Equity.
Austria-based electrical engineering company had filed for insolvency in April 2020
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Company has generated €12m in revenues and has a 25% EBITDA margin