HomeFundingGerman shoe shop Zalando just announced another round of financing

German shoe shop Zalando just announced another round of financing

This month the shoe-shop Zalando has registered a further capital increase into the commercial register.

Founded in Berlin in 2008, Zalando is a German-based but European online fashion platform that offers a wide assortment of shoes for men, women and children.

According to German the press, the Swedish investment company Investment AB Kinnevik has evaluated Zalando at €370 million at the last capital increase in July. Prior to the current capital increase, the shares where split in the following way: Rocket Internet (59%), Holtzbrinck Ventures (17%), Tengelmann (10%) and Kinnevik (3%), with the founders holding the remaining 10% of the shares.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).
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  1. […] By the end of last week, Yuri Milner (a Russian billionaire & investor in Zynga, Groupon, Facebook etc.) announced that his investment company DST Global is going to acquire a direct minority stake (4 %) in the German shoe & clothing shop Zalando for an undisclosed sum, joining the Samwer brothers along with other investors like Holtzbrinck Ventures, Kinnevik & Tengelmann Ventures. […]

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