The online grocer raised funding from investors including Clas Ohlson to help it bolster its operations and build a new distribution hub.
Sweden-based groceries e-commerce business MatHem has raised about SEK500m ($51m) in funding from investors including hardware and household goods retailer Clas Ohlson.
Pension manager AMF provided $28.6m for the round and now has a 10% stake in the company while investment firm Kinnevik supplied $15.3m and now owns a 36% share, down from 38%. The round also featured venture capital firm Verdane.
Founded in 2009, MatHem runs an online portal offering next-day delivery of groceries including fresh and organic food,…
