German startup incubator Rocket Internet launches an impressive $ 420 million fund

    The German incubator Rocket Internet, which supports technology startups, has raised huge funds for the new fund, which, in turn, is designed to accelerate and simplify the attraction of investments for incubator startups. The Rocket Internet startup factory will invest $ 50 million in a new $ 420 million fund.

    Rocket Internet, being the largest European incubator of technology companies, has helped develop many different start-ups - in its portfolio of more than 100 projects, including such successful and popular companies as Lamoda, Zalando, eDarling and Groupon.

    Executive Director Oliver Samwer, who invested in a large number of Internet companies, which helped him join the German billionaires, claims that he always managed to make good deals, even in bad times in the economy. “In 2014 and 2015, the capital available to startups was rather scarce. Investors have become more circumspect. For those who have the capital, better times are beginning, ”he says.

    Oliver also claims that the foundation of the fund will strengthen the position of Rocket Internet. The fund will invest in the same startups as Rocket Internet, so the incubator will be less dependent on other funding partners.

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