Kavall in a SEK 155 million funding deal backed by Bonnier Ventures, Nicoya and VNV Global.

Sweden 11 April 2022
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Kavall, a Stockholm, Sweden-based startup building an online grocery delivery business, raised fresh equity money in a SEK 155 million ($16.4M) investment deal.

The money was raised from local investors from Sweden led by Bonnier Ventures, VNV Global and Nicoya.

Kavall was founded in 2021 by Robin Rendahl, John Tengberg and Peter Simon and is one of the many online grocery startups from Europe funded by venture money. It operates in Stockholm, Gothenburg, Malmö, Helsinki and Tampere and previously raised $6 million in the summer of 2021. Other backers include Inbox Capital and angel investors Fredrik Jung-Abbot (Kry founder) and Samir Bachkami.

Total investments received (USD): 24.34M

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