Rocket Internet lays claim to being the world's largest internet incubator after raising $500m since May 2012 from partners Investment AB Kinnevik and Access Industries.
Germany-based start-up incubator Rocket Internet has raised a total of $500m since May 2012 from its partners, Sweden-based investment company Investment AB Kinnevik and US-based industrial conglomerate Access Industries.
Oliver Samwer, Rocket Internet’s co-founder, said: “The additional capital supports our goal to be the world´s largest and most successful creator of high impact companies in the internet space and reaffirms the confidence our investors have in our business. We will use the new capital to further strengthen our global presence while…