Flink’s €200 Million Series A Financing Round

Hengeler Mueller advised Prosus on the transaction. Taylor Wessing advised Flink. Bryan Cave Leighton Paisner advised Northzone.

Grocery instant delivery company Flink has raised EUR 200 million from investors.

The Series A financing round was led by the Dutch listed investment company Prosus together with other co-investors. In connection with this transaction, Flink has entered into a strategic partnership with the retail group REWE, which is also participating in the financing round.

Flink — which means “quick” in German — is currently active in 24 cities across Germany, France and the Netherlands.

Northzone was founded in Oslo in 1996. The investor provides venture capital, especially in the early stages of a venture, and works with the founders on a long-term basis.

The Hengeler Mueller team was led by partners Jens Wenzel (Picture – Venture Capital/M&A) and Kai-Steffen Scholz (Corporate), and included partners Fabian Quast (Regulatory) (all Berlin) and Hendrik Bockenheimer (Employment, Frankfurt), counsel Matthias Berberich (IP/IT) as well as associates Björn Brauer (Venture Capital/M&A), Tom Pleiner (Regulatory) (all Berlin) and Andreas Kaletsch (Employment, Frankfurt).

The Taylor Wessing team included Dr. Norman Röchert, Moritz Meyer-Bruhns, Felix Paul, Dr. Christian Ahrendt, Dr. Gregor Schmid, Eva Surowiecki, Nico Jänicke and Volker Herrmann.

Bryan Cave Leighton Paisner LLP’s team included Dr Albrecht von Breitenbuch, Partner (Lead Partner, Corporate Finance) and Patrycja Dorniak, Associate (Corporate Finance).

Involved fees earner: Patrycja Dorniak – Bryan Cave Leighton Paisner; Albrecht von Breitenbuch – Bryan Cave Leighton Paisner; Matthias Berberich – Hengeler Mueller; Hendrik Bockenheimer – Hengeler Mueller; Björn Brauer – Hengeler Mueller; Andreas Kaletsch – Hengeler Mueller; Tom Pleiner – Hengeler Mueller; Fabian Quast – Hengeler Mueller; Kai-Steffen Scholz – Hengeler Mueller; Jens Wenzel – Hengeler Mueller; Christian Ahrendt – Taylor Wessing; Volker Herrmann – Taylor Wessing; Nico Jänicke – Taylor Wessing; Moritz Meyer-Bruhns – Taylor Wessing; Felix Paul – Taylor Wessing; Norman Röchert – Taylor Wessing; Gregor Schmid – Taylor Wessing; Eva Surowiecki – Taylor Wessing;

Law Firms: Bryan Cave Leighton Paisner; Hengeler Mueller; Taylor Wessing;

Clients: Flink; Northzone; Prosus N.V.;

Author: Federica Tiefenthaler