The e-commerce holding company has set its sights on the US and expects to close its next fund at between $1bn and $2bn this year.
Germany-based e-commerce group Rocket Internet is preparing to raise between $1bn and $2bn for a corporate venturing fund that will predominantly invest in the US, Bloomberg reported yesterday.
Rocket Internet will be the lead partner in the find but is seeking additional investors to contribute capital, with the fund expected to be closed as soon as December this year, a person familiar with the situation told Bloomberg.
Founded in 2007, Rocket Internet operates an incubation and venture capital model that…
