Berlin-based Flink, a quick commerce operator active in Germany and the
Netherlands, has secured around $100 million in new growth capital. The round
was led by Prosus and other existing investors, with Btomorrow Ventures, the
corporate venture arm of BAT, also participating.
Founded in 2021, the company operates a network of local fulfilment hubs
that enable rapid delivery of everyday groceries and household essentials
through its mobile app. Flink focuses on high-frequency top-up shopping
missions, combining a curated product assortment with short delivery times
supported by in-house logistics and operations infrastructure.
Over the past two years, Flink has refined its operating model with a
focus on operational discipline, unit economics and cost control. The company
reports that it is now operating profitably at the EBITDA level.
Commenting on market developments, Julian Dames, CEO of Flink, said the
quick commerce landscape has fundamentally evolved:
Quick commerce works when it is built on operational discipline and
realistic customer expectations. Our strength lies in combining profitable
operations with true on-demand delivery – a model that clearly differentiates
us in the market.
Flink’s model centres on frequent, high-quality top-up shopping missions,
reflecting local customer behaviour. The company reports an average basket size
of more than €45 and an average delivery time of approximately 30 minutes.
Looking ahead, Flink plans to open additional hubs in selected German
regions in 2026, focusing on areas that meet strict profitability and density
criteria.
The new funding will strengthen the company’s financial position
following a period of consolidation in the European online grocery sector and
provide additional flexibility to support targeted expansion in its core
markets.