In a press release just out today Rocket Internet announced “that it has raised a total of USD $500 million from partners Investment AB Kinnevik and Access Industries since May 2012, representing the largest investment ever made in an internet incubator and accelerator company. ”
“The funds will be used to further expand Rocket Internet´s world-wide network of successful internet start-ups”.
“Rocket Internet is the world’s leading internet incubator, bringing together the four elements required to create digital companies on a global basis: team, concept, technology, and capital. To date, Rocket Internet has started over 100 companies developing many of them across five continents.
“Rocket Internet’s corporate headquarters in Berlin and in various technology development centers throughout the world. Currently, Rocket Internet holds a significant interest in 75 ventures with 20,000 employees in over 50 countries world-wide.”
“Rocket Internet´s strategy is to develop and support leading, highly innovative e-commerce companies in the fashion, general merchandise and furniture sectors.”
In the fashion ecommerce sector:
- Dafiti, the fashion market leader in Latin America
- Lamoda, the biggest fashion ecommerce site in Russia
- Zalora, the market leader in South East Asia
- The Iconic, the market leader in Australia
- Namshi, the market leader in the Middle East
- Zando, the market leader in Africa
In the general merchandise ecommerce sector:
- Lazada, the largest ecommerce company in South East Asia
- Linio, the largest ecommerce company in Mexico, Colombia, Peru and Venezuela
- Jumia, the largest ecommerce company in Africa
In the online furniture and home decoration ecommerce sector:
- Home 24, the leading online furniture site in Europe
- Mobly, the leading online furniture site in Latin America
- Westwing, the market leader for home & living in Europe, Russia and Latin America
Other companies recently founded by Rocket Internet include (i) payment service provider and Red Herring award winner Paymill.com
(ii) Foodpanda.com, a fast growing food delivery service company currently available to three billion people in over 20 countries,
(iii) EasyTaxi, the market leader for online taxi booking in Latin America and Asia.
Rocket also holds a participation in Zalando, Europe´s largest online fashion company.
Recent capital raises include:
(i) USD 100 million for 18 month old Zalora, market leader in online fashion in South East Asia,
(ii) USD 100 million for year old Lazada, largest general merchandise ecommerce site in South East Asia
(iii) USD 130 million for two year old Lamoda, market leader in online fashion ecommerce in Russia, and
(iv) USD 25 million for 18 month old The Iconic, market leader in fashion ecommerce in Australia.…
