K
Kavall
10 minutes grocery delivery in Sweden
About Kavall
Kavall was a Swedish startup in the quick commerce sector, offering ultrafast grocery delivery. The company was established in 2021 by co-founders John Tengberg, who served as CEO, Peter Simon, the CTO, and Robin Rendahl, the COO. They aimed to capitalize on the growing demand for on-demand shopping by delivering a wide range of groceries to customers' doors in as little as ten minutes.
The business operated on a dark store model, utilizing centrally located, hyperlocal warehouses not open to the public and optimized for rapid packing and delivery. Customers placed orders through the Kavall mobile application, choosing from an inventory of several thousand items. Deliveries were carried out by couriers employed directly by the company, using a fleet of electric bikes. This model positioned Kavall as a challenger to traditional large grocery players in the Nordic market.
The company launched its first dark store in Stockholm in May 2021 and quickly expanded its operations. By early 2022, Kavall was present in several cities across Sweden and Finland, including Gothenburg, Malmö, Helsinki, and Tampere. The startup's growth was fueled by significant venture capital investment. In August 2021, Kavall secured its first external capital of SEK 50 million in a round led by VNV Global and Inbox Capital. This was followed by a larger Series B funding round of SEK 155 million (approximately €15 million) in April 2022, led by Bonnier Ventures and Nicoya, with participation from previous investors. The company also raised an additional SEK 22 million from Nordic Angels and Bring Ventures.
Despite its initial rapid growth and significant funding, Kavall faced challenges. In March 2023, the company was acquired by MatHem, a major Swedish online grocery retailer, in what was described as an emergency exit. Following the acquisition, Kavall's service was rebranded as Mathem Express. The journey continued to be tumultuous, and after Mathem's merger with Norwegian peer Oda, Kavall's former CPO, Erel Sherman, bought back the service and brand in the spring of 2024 to operate it independently. However, this new chapter was short-lived. By August 2024, after failing to secure the necessary funding to sustain its operations, Kavall was declared bankrupt.
Source: Dealroom company dataAt a glance
- Founded
- 2021
- Headquarters
- Stockholm, Sweden
- Sector
- eCommerce & Marketplaces
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Bring Ventures
Nordic Angels
Series A5 investors entered at this stage
Inbox Capital
VNV Global
Fredrik Jung-Abbou
Nicoya
Bonnier Capital
Source: Dealroom Talent Intelligence.
Global footprint
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