Rocket Internet has returned for a $17m funding round, just over a year after contributing to a $26.4m round, with the money going towards acquisitions of rivals including Move24.
Germany-based relocation services provider Movinga has raised €15m ($17m) in a funding round backed by e-commerce group Rocket Internet, Handelsblatt has reported.
The round featured Santo Venture Capital, the VC branch of family office Athos Service, as well as venture capital vehicle Environmental Technology Fund, VC firm Earlybird and the Strüngmann family office.
Founded in 2015, Movinga operates a home removals marketplace that aims to simplify the booking process for both consumers and removal companies. The company’s algorithm also ensures…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
