The venture capital firm, in which Otto Group is a major investor, will operate the fund together with a $290m growth-stage fund.
E.Ventures, the Germany-based venture capital firm that counts mail order and e-commerce company Otto Group as a major investor, closed a $150m early-stage fund today.
Founded in 1998, E.Ventures has offices located in Berlin, San Francisco, Beijing, Tokyo, Moscow and São Paulo. It has more than $1bn under management, and invests in companies operating in the consumer internet, media and mobile spaces.
The fund will back startups at seed and series A stage, operating alongside a $290m growth capital unit…
