Tag Archives: Kinnevik

Global Fashion Group announces €150 million internal financing round

Rocket Internet today announced that it is participating in a €150 million internal financing round in Global Fashion Group (GFG) – together with a group of shareholders including Investment AB Kinnevik. Furthermore, Rocket Internet has agreed to contribute the two Brazilian … Continue reading

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Westwing raises another EUR 25 milion round of funding

Westwing, a leading international eCommerce company for home & living, announced raising a new EUR 25 million funding round from existing investors.

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Rocket Internet – the billion dollar incubator

Rocket Internet announced today that it has raised a total of $500 million from partners Investment AB Kinnevik and Access Industries since May 2012. This represents the largest investment ever made in an internet incubator and accelerator company. The funds will be used to … Continue reading

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European shoe business: Zalando vs. Spartoo

According to the Federal Cartel Office the German Zappos clone Zalando recently was about to receive some fresh capital from Emesco AB, which is a subsidiary of Kinnevik AB. An update of the Federal Cartel Office has now revealed that this … Continue reading

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Kinnevik invests in BirchBox clone GlossyBox

GlossyBox, the German BirchBox clone of the Samwer brothers, has recently received an investment from Kinnevik. The Swedish investor now owns about 6% of the startup. The terms and concrete numbers of this deal were not disclosed yet. Holtzbrinck Ventures, which … Continue reading

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Wimdu raises $90m from Kinnevik & Rocket Internet

The Berlin based Airbnb-clone Wimdu announced today, that it has just raised $90 million from Rocket Internet and Kinnevik. As Kinnevik has announced an investment of about $35.5m, this means that Rocket Internet has pumped about $54.5m into the young … Continue reading

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Zalando just announced another round of financing

This month the shoe-shop Zalando has registered a further capital increase into the commercial register. According to German press reports the Swedish investment company Investment AB Kinnevik has evaluated Zalando with 370 million € at the last capital increase in July. Prior to … Continue reading

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