The deal makes DST the second biggest investor in the incubator after Swedish Investment AB Kinnevik, whose $1.34bn was provided directly and through its Millicom subsidiary, East-West Digital News, our syndicate partners for Russia report.
Digital Sky Technologies (DST Global), the global investment fund led by Yuri Milner, is reportedly a major investor in German startup incubator Rocket Internet. According to the incubator’s slide deck, found by The Manager magazine, DST has already pumped $315m into the project.
This makes DST the second biggest investor in the incubator after Swedish Investment AB Kinnevik, whose $1.34bn was provided directly and through its Millicom subsidiary. Among other investors listed in the slide deck is Ukrainian businessman…