Czechia, June 8 -- The European Investment Bank (EIB) is committing €30 million to Rohlik Group, a pioneering Czech online grocery retailer, to support its development of advanced automation and artificial intelligence. The operation tops up the initial EIB scale-up financing of €90 million to Rohlik two years ago, which facilitated its expansion in several European markets.The investment will accelerate the commercial scale-up of Veloq, Rohlik's AI-powered technology platform for same-day grocery fulfilment, as it expands to grocers across Europe and the United States. As in 2024, the support takes the form of scale-up venture debt, a type of long-term financing for fast-growing companiesFounded in Prague in 2014, Rohlik is one...