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EQT Ventures and EQT Growth to exit its holdings in Wolt, a leading food delivery platform operating across 23 countries

EQT Ventures and EQT Growth to exit its holdings in Wolt, a leading food delivery platform operating across 23 countries

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STOCKHOLM, Nov. 9, 2021 /PRNewswire/ — DoorDash (NYSE: DASH) is acquiring Wolt in an all-stock deal worth approximately EUR 7 billion; EQT Ventures and EQT Growth will exit their holdings in Wolt and receive DoorDash stock as part of the transaction EQT Ventures led the early Series-A financing round for Wolt in 2016 and has since been a close partner and advisor to Wolt, participating in all subsequent financing rounds. EQT Growth invested in Wolt’s latest USD 530 million round of financing in January 2021 Since its founding in Finland in 2014, the Helsinki-based company has expanded to 23 countries and today employs over 4,000 people Today it was announced that DoorDash (NYSE: DASH) has entered a definitive agreement to acquire Wolt (the “Company”) for approximately EUR 7 billion in an all-stock transaction, subject to regulatory approval and other customary closing conditions for transactions of this type.

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