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€100M revives Flink as quick commerce’s last operator standing

Flink
Picture credits: Flink

After a wave of consolidation (and plenty of losses from unsustainable growth), Europe’s quick commerce scene is looking very different. Online grocery shopping is still just 3.5% in Germany and 6% in the Netherlands, way behind the UK’s 14%.

Berlin-based Flink tackles this with a focused model that offers real on-demand service, delivering on average within 30 minutes and handling baskets over €45, through 160 local hubs serving 22.5 million people.

Today, the company raised $100 million in growth funding led by Prosus, along with existing investors and new backer Btomorrow Ventures, BAT’s corporate venture capital arm. This comes after Flink confirmed it reached EBITDA profitability by improving its unit economics and cutting costs.

Become Europe’s go-to for profitable quick commerce

Julian Dames, Flink’s CEO since its founding in 2021, brings deep logistics experience. He built the company around real customer needs, focusing on frequent top-up shopping rather than bulk orders, after seeing how overexpansion had hurt other companies.

What sets Flink apart? A dense network of 160 urban hubs, each stocked with around 3,000 curated products for 30-minute delivery. Their tech stack powers precise inventory management, smart picker routing, and app-driven demand forecasting.

While Getir is out and Gorillas got snapped up, Flink kept its eyes on profitability.  With a denser footprint in Germany and the Netherlands, plus a key partnership with REWE, Flink’s got a real supply chain edge over Zapp and GDE.

More than 10,000 employees support Flink’s operations, avoiding gig-worker models that often lead to high staff turnover.

Flink will use the $100 million to open targeted hubs in select German regions by 2026 and expand in the Netherlands, applying strict profitability and density criteria without unchecked scaling. The funds will also improve operations and logistics to maintain category leadership.

In the long run, Flink aims to raise market penetration from 3.5–6% up to the UK’s 14%, strengthening its leading position.

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