German start-up incubator Rocket Internet was joined by European corporate venturing firms Verlinvest and Tengelmann Group in a series C round worth $100m for Zalora.
Rocket Internet, a Germany-based start-up incubator founded by the Samwer brothers and backed by Swedish investment firm Investment AB Kinnevik, has led a $100m series C round of investment for Zalora, a Singapore-based Zappos-style fashion e-commerce site.
Rocket was joined this round by returning Samwer family investing partners including US-based growth equity investor Summit Partners; Sweden’s Investment AB Kinnevik; Verlinvest, the Belgium-based family office of one of Anheuser-Busch InBev’s founding families (€350m assets under management); and the corporate venturing unit…
