The internet services company has invested $580m for a 10.8% stake in Rocket, bringing its total fundraising to more than $1bn this month.
Corporate-backed internet incubator and venture firm Rocket Internet has received its second large investment in just over a week, securing €435m ($580m) from internet services provider United Internet on Friday.
The transaction consisted of €333m ($445m) in cash and a €102m ($136m) equity investment in the portfolio of Global Founders Capital, a portfolio of more than 50 investments now jointly held by United and Global Founders Fund, the investment vehicle for Rocket Internet founders the Samwer Brothers.
Global Founders Fund…