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MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries.

Kavall, a fast delivery startup in Stockholm, has been acquired by its competitor Mathem. Kavall has offered delivery of groceries in just 10 minutes, from

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Sweden’s Kinnevik invests €14.8 million in online grocer MatHem’s €108.7 million funding round April 22nd, 2021. Kinnevik is clearly going all-in on the red-hot online grocery delivery market. Just two weeks ago, they dropped at cool €220 million on Norway’s Kolonial (now Oda), and now how jumped into MatHem’s shopping basket (again) to the tune of €14.8 million in the grocer’s €108.7 million funding round. Kinnevik is joined by existing investors AMF and Stena, and the funding round also included €69.2 million in debt facility financing provided by P Capital Partners. �...