Online supermarket Picnic raises €430 million to expand in Germany, boost AI automation
Summary
Picnic raised €430 million in a new funding round from existing investors. The company plans to use most of the capital to expand its grocery delivery business in Germany. It also wants to strengthen its distribution infrastructure and scale its operations beyond the Netherlands. In parallel, Picnic is testing robopicking and AI-driven automation at a German distribution center to improve how it handles grocery fulfillment.
Funding
Amount
$464.4M
Total raised
Date
November 21, 2025
Announcement date
Investors
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Lead investors
Company
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Funded company
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