Finland’s Wolt raises $530 million to try to take on Amazon

Miki Kuusi, CEO and co-founder of Wolt. Wolt Wolt, a food delivery app that’s expanded into groceries and retail, has raised $530 million as it tries to take on Amazon. The funding round in the six-year-old company was led by ICONIQ Capital, and it brings total investment in the firm to $856 million. Wolt, which did not disclose its latest valuation, said it will use the money to “continue expanding beyond restaurants.” Miki Kuusi, who founded Wolt in 2014 in Helsinki, told CNBC: “Our mission is to enable local restaurants…

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