Dienstag, 19. März 2013

€150 Million Fund For High Potentials

Rocket Internet chief Oliver Samwer, his brother Marc, and former Delivery Hero co-CEO Fabian Siegel are teaming up to start Global Founders Capital: a new €150 million ($194 million) fund for high-potential Internet businesses.

Global Founders Capital, headquartered in Munich, Germany, lists the three above as partners and will invest from a €150 million fund provided by unknown “various successful Internet entrepreneurs.” It will be “stage-agnostic,” providing anything from seed to late-stage funding to businesses with the potential to become very large in one or multiple markets.

The new fund will be location-agnostic too – although, given Rocket Internet’s recent flurry of activity in Africa, southeast Asia, the Middle East, and Latin America, it wouldn’t surprise if those locations are of particular interest.