Picnic technologies raises €250m funding to build new automated distribution centre

– NETHERLANDS, Amersfoort –  Picnic, the Netherlands-based online supermarket company, raised €250m in new funding round from NPM Capital, Hoyberg, Kruidvat and Finci and including a €50m loan from the Dutch bank ABN AMRO.

Picnic, founded in 2015 by Joris Beckers, Frederik Nieuwenhuys, Michiel Muller and Bas Verheijen will use the funds to build its new 42,000 square meters automated distribution centre in Utrecht to replace the existing ones.

About Picnic

Picnic is an online supermarket that delivers groceries for free to people who buy them via the mobile app, available for Android and iOS. At Picnic, users can order all groceries within a few minutes including toilet paper, soft drinks, chips, ice cream, organic eggs, tender steak and fresh vegetables.

The company, which grants that groceries are always fresh and delivered in 100% electric cars, will continue to use its existing seven distribution centres until the new automated one will be ready in two years.

For more information: https://picnic.app

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