| Date | Title | Description |
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| Jun 22, 2020 | KINNEVIK AB
Kinnevik participates in Cedar's USD 102 million Series C funding led by Andreessen Horowitz | Kinnevik AB (publ) (“Kinnevik”) today announced that it has invested a further USD 8m in Cedar, the leading US based patient engagement and financial technology platform, underlining its conviction in Cedar’s vision to deliver exceptional p... |
| Feb 17, 2020 | Quikr valued at $569.9 mn post markdown by Swedish investor AB Kinnevik | Shashank Didmishe 17 Feb, 2020
Stockholm headquartered investment firm AB Kinnevik valued its 17% stake in online classifieds company Quikr at $96.9 million (SEK 941 million) as on December 31, 2019, down from $175.3 million (SEK 1,703 mill... |
| Jul 19, 2019 | Everything you need to know about West African startup landscape [2019 Update] | Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to t... |
| Jul 19, 2019 | Everything you need to know about West African startup landscape [2019 Update] | Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to t... |
| Jun 8, 2018 | Here’s what you need to know about Nigeria’s tech startup ecosystem | Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to the right... |
| Jun 8, 2018 | Here’s what you need to know about Nigeria’s tech startup ecosystem | Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to the right... |
| Mar 16, 2017 | General Catalyst and Kinnevik Co-Lead a $52.5M Investment in Livongo Health | Livongo Health, the leading consumer digital health company focused on chronic conditions, announced a $52.5 million growth round. The new funding round is co-led by existing investor General Catalyst and international investment company Ki... |
| Sep 8, 2016 | Why are high profile employees leaving Konga? | Share this article:
The layoff trend in Konga is something many are yet to wrap their head around. But this shouldn’t be much of a surprise, considering the company recently reiterated a roadmap to review workforce strength every 6 months.
... |
| Aug 24, 2016 | Why Nigerians will spend over ₦327 billion shopping online outside Nigeria in 2016 | Share this article:
“Early evidence suggests that Nigerians are well on their way to becoming some of the biggest online shoppers in Africa.” This was the prediction in September 2012.
Four years on, with the introduction of online stores, ... |
| Aug 12, 2016 | How to use Konga and Jumia to jump-start your own eCommerce store | Share this article:
The recent layoffs within the industry, the Jumia consolidation, and the not so heart-warming 2016 quarterly reports of the Africa Internet Group (parent company of Jumia) and Kinnevik have made a few people predict doom... |
| Aug 5, 2016 | When HelloFresh was young: the early years | Like Delivery Hero, HelloFresh launched out of Rocket Internet's startup incubator in Berlin
As our readers know, Vator has started a series called When they were young.
It's a look back at the modest days of startups, what traction they ha... |
| Jul 29, 2016 | Of funding sprees, low ROIs and massive layoffs: The future of eCommerce in Nigeria | Share this article:
I’m not going to bother myself with big grammar; eCommerce is simply talking about business done over the internet. And I am shocked to report that as at 2013, over 60 million Nigerians were on the internet. These were p... |
| Jul 27, 2016 | Konga is worth $34 million, has 184000 active users, 80% mobile, according to Kinnevik | I just stumbled across a transcript of Kinnevik’s Q2 2016 results earnings call. It’s a 31-page read, but one of the insights I gleaned from it was that Kinnevik values their 34% stake in Konga at SEK101 million (Swedish Krona), that’s $11.... |
| Jul 27, 2016 | Join the TechCabal Conference Call about the Kinnevik Q2 2016 results, tomorrow | TechCabal is organising a conference call (via Google Hangouts) tomorrow, Thursday July 28, 2016 at noon to discuss the recently released Kinnevik results.
According to the Kinnevik Q2 2016 report,
Konga has 184,000 “active customers”
Kinne... |
| Jul 22, 2016 | Rocket Internet’s Global Fashion Group closes €330 million funding round | Back in April, we reported that Rocket Internet’s ‘Global Fashion Group’ (aka GFG, the holding that comprises Zalora Dafiti, Lamoda and others), had secured commitment for a €300 million financing round that valued the combined online fashi... |
| Jul 22, 2016 | New funding round of $363M drops value of Rocket Internet’s fashion group from $3.4B to $1.1B | (Updated at 2:01 at PST to include additional information on investors.)
In the latest sign that Germany’s Rocket Internet may be hitting rough waters, the startup factory’s Global Fashion Group announced today that it had raised $363 milli... |
| Apr 27, 2016 | Rocket Internet’s ‘Global Fashion Group’ bags €300 million, valuing the e-commerce holding at €1 billion | Rocket Internet’s ‘Global Fashion Group’ (aka GFG, the holding that comprises Zalora Dafiti, Lamoda and others), has secured commitment for a €300 million financing round that values the combined online fashion retail business at €1 billion... |
| Apr 19, 2016 | Kinnevik proposes extra $600 million cash distribution, Google VP to join its board of directors | Kinnevik, the 80-year old Swedish investment group that's closely allied with (and a major investor in) Rocket Internet and holds major stakes in companies like Zalando, Global Fashion Group, Home24 and Westwing, is proposing an extraordina... |
| Apr 13, 2016 | Alibaba’s $1B investment came just in time for cash-strapped Lazada | It’s hard to call a billion-dollar investment in an emerging market anything less than a major win, but for Lazada, the Rocket Internet-backed e-commerce firm in Southeast Asia, there’s more than an element of relief. The four-year-old comp... |
| Apr 12, 2016 | Alibaba pours a total of $1B into Southeast Asia e-commerce platform Lazada | Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the e-commerce platform’s controlling shareholder.
... |
| Mar 29, 2016 | Daily funding roundup - March 29, 2016 | LeSports bagged $1.2B financing; Betterment raised $100M; Lesson.ly added $5.8M to Series A funding
Slice Labs, an insurtech startup focusing on on-demand insurance, secured $3.9 million in seed funding, led by Horizons Ventures and XL Inno... |
| Jan 25, 2016 | Online entertainment startup iROKO closes $19m in deals | Online entertainment startup iROKO has revealed that it’s closed multiple deals totaling US$19-million to beef up the Nigerian company’s operations and expand across the continent.
The figure is made up of content development and capital fu... |
| Jan 25, 2016 | Online entertainment startup iROKO closes $19m in deals | Online entertainment startup iROKO has revealed that it’s closed multiple deals totaling US$19-million to beef up the Nigerian company’s operations and expand across the continent.
The figure is made up of content development and capital f... |
| Jan 25, 2016 | Daily funding roundup - January 25, 2016 | CARSgen Therapeutics completed $30M funding; mPrest raised $20M; Wingz closed $11M Series B funding
DMWay Analytics, a Jerusalem, Israel-based startup specializing in expert systems for creating predictive analytics models, raised $1 millio... |
| Jan 14, 2016 | Daily funding roundup - January 14, 2016 | Anaplan secured $90M; PolicyGenius landed $15M; Everlaw raised $8.1M funding
Online insurance broker PolicyGenius, which guides users through a five-minute Q&A to develop a personalized, in-depth review of all their insurance needs base... |
| Nov 19, 2015 | Trimble to Acquire AGRI-TREND, ArabiaWeather Raises $5m, The Fresh Diet Eyes IPO, more | Welcome to another installment of AgFunderNews’ weekly news blitz, offering you a snapshot of news from across the food and agriculture industry globally.
While many folks may have turkey on the brain this week, some researchers are hard at... |
| Jul 1, 2015 | Daily funding roundup - July 1, 2015 | GrabTaxi secured $250M; Zozi nabbed $30M; PubNub raised $20M
PubNub, a provider of cloud-based infrastructure for real-time applications raised $20 million in a Series C round of funding to help scale it. The round was led by Sapphire Ventu... |
| Jul 1, 2015 | Global Fashion Group raises €150 million at a €3.1 billion valuation, swallows two Brazilian online fashion businesses | Global Fashion Group, the joint-venture of Rocket Internet and Swedish investment firm Kinnevik that was formed almost a year ago, has raised €150 million ($167m) in an internal financing round.
Rocket said it will invest its pro rata share... |
| Apr 8, 2015 | Rocket Internet’s ‘Global Fashion Group’ gains an Amazon exec as CEO, a CFO and another €32m in funding | The Global Fashion Group, which is the generic name of the 7-month old holding company comprised of five of Rocket Internet’s fashion e-commerce companies (Dafiti, Lamoda, Jabong, Zalora and Namshi) targeting emerging markets, has announced... |
| Jan 24, 2015 | $40m Series C Investment Secured by Saltside Technologies | In a press release by Saltside Technologies, the company revealed that they have just secured an investment worth $40m courtesy of the trio: Hillhouse Capital, Brummer & Partners and AB Kinnevik.
The new funds, according to the release,... |
| Sep 17, 2014 | Online fashion retailer Zalando shoots for 5.1 billion euro IPO valuation at high end of 18 to 22.5 euro price range | European online fashion retail giant Zalando has published its prospectus for its upcoming IPO and set the price range to 18 – 22.5 euros. This gives the company a valuation of roughly 5.1 billion euros ($6.6 billion) at the high end of tha... |
| Sep 10, 2014 | German startup incubator Rocket Internet finally confirms that it will pursue $1 billion IPO in 2014 | And we’re off to the races. After Zalando last week, German startup incubator Rocket Internet this morning confirmed its intention to float its shares on the Frankfurt Stock Exchange before the end of this year.
The offer is expected to con... |
| Sep 10, 2014 | Rocket Internet Confirms It Will Hold An IPO Later This Year | After much speculation, German super-incubator and clone factory Rocket Internet has confirmed that it plans to launch an initial public offering later this year on the Frankfurt Stock Exchange. Rocket Internet intends to raise up to $970 m... |
| Aug 22, 2014 | Holtzbrinck Ventures exchanges its stakes in 7 Rocket Internet startups for a direct 2.5% stake in the incubator itself | There we go again: German tech startup incubator Rocket Internet has announced yet another new investor, as its longtime partner in crime Holtzbrinck Ventures is receiving a 2.5% stake. The news comes on the heels of Rocket Internet selling... |
| Aug 22, 2014 | IPO-Bound E-Commerce Giant Rocket Internet Consolidates, Holtzbrink Takes 2.5% Stake | More shareholder activity over at Rocket Internet, the Berlin-based e-commerce incubator and investor that is widely expected to go public. Holtzbrinck Ventures, a firm that has been a longtime investor in Rocket Internet portfolio companie... |
| Aug 15, 2014 | Rocket Internet sells 10.7% stake to United Internet for 435 million euros, implying a 4.3 billion euro ($5.8b) post-money valuation | This just in: German Internet services juggernaut United Internet (owner of 1&1, Mail.com, Web.de, Sedo and many more) is to become startup incubator Rocket Internet's latest shareholder, as it has agreed to acquire a 10.7 percent stake... |
| Aug 7, 2014 | Philippine telco PLDT buys 10% stake in Rocket Internet for 333 million euros, valuing it at 3.3 billion euros ($4.4 billion) | Philippine Long Distance Telephone Company (PLDT), the largest telecommunications company in the Philippines, is buying a 10 percent stake in German tech startup incubator Rocket Internet.
PLDT acquired the stake through a 333 million euro ... |
| Mar 13, 2014 | Quikr Raises $90M | Quikr Mauritius Holding Pvt Ltd, which operates the Indian classified platform Quikr.com, raised $90m in funding.
The round was led by Kinnevik, which invested $39.3m, with participation from current investors Matrix Partners, Nokia Growth ... |
| Mar 12, 2014 | Classifieds site Quikr raises $90M led by Swedish investment firm Kinnevik | Classifieds site Quikr.com, owned and operated by Mumbai-based Quikr India Pvt Ltd, has raised $90 million (Rs 550 crore) in its sixth round of funding, led by Swedish investment firm Investment AB Kinnevik. Quikr India is in turn owned by ... |
| Sep 9, 2013 | foodpanda Raises $8M in Funding | foodpanda, a Berlin, Germany-based online food delivery platform, raised $8m in funding.
The investment was med by iMENA holdings, a Middle East and North Africa-focused consumer Internet investment group.
The company intends to use the cap... |
| Jul 16, 2013 | Investment AB Kinnevik Invests €67M in Rocket Internet | Investment AB Kinnevik has made a €67m investment in Rocket Internet, the Berlin-based internet incubator.
The investment, which has brought the total amount raised by Rocket Internet since May 2012 to $500m, will allow Kinnevic to maintain... |
| Jun 20, 2013 | Rocket Internet’s SE Asian LAZADA secures huge funding for the region | Things seem to be going well for Rocket Internet, with news and investments coming every week from the ecommerce cookie cutter company.
This time it’s with LAZADA, Southeast Asia’s (SEA) largest online shopping “mall”. The company has annou... |
| Jun 20, 2013 | Rocket Internet’s SE Asian LAZADA secures huge funding for the region | Things seem to be going well for Rocket Internet, with news and investments coming every week from the ecommerce cookie cutter company.
This time it’s with LAZADA, Southeast Asia’s (SEA) largest online shopping “mall”. The company has anno... |
| May 22, 2013 | Zalora Receives $100M in Funding | Zalora, an online fashion store focused on South-East Asia, has received $100m in funding.
Backers included Summit Partners, Investment AB Kinnevik, Verlinvest and Tengelmann Group.
The company intends to use the funds to expand operations ... |
| May 7, 2013 | foodpanda Raises more than US$20M | foodpanda, a Berlin, Germany-based food delivery service worldwide and Rocket Internet-incubated startup, raised more than US$20m in funding.
Backers included Investment AB Kinnevik and Phenomen Ventures, among others.
The company intends t... |
| May 7, 2013 | Rocket Internet-Backed FoodPanda Raises $20M+ As It Prepares For The Next Course In Its Food Delivery Ambitions | The food delivery wars continue to heat up: today foodpanda, the Rocket Internet-incubated startup that offers a one-stop service to order food from a selection of restaurants and take-out joints to be brought to your door and now working w... |
| Feb 15, 2013 | Berlusconi Outed As Investor In Square Clone Payleven While Rocket Internet’s Zappos Clone Zalando Hits Breakeven | A double-dose of details today about the normally secretive e-commerce startups incubated by the Samwer bothers-backed Rocket Internet. Silvio Berlusconi was outed as one of the key investors in Square clone Payleven; and Zalando, inspired ... |
| Jan 8, 2013 | Rocket Internet’s rumored IPO – would it be madness or genius? | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
This story originally appeared on VentureVillage,... |
| Dec 17, 2012 | Glossybox Receives over €55M in Financing | Glossybox (Beauty Trend Holding GmbH), a Berlin, Germany-based global leader in the beauty box market, is receiving more than €55m in financing.
Backers include Rocket Internet, Holtzbrinck Ventures, and Investment AB Kinnevik.
Founded a ye... |
| Nov 12, 2012 | Samwers’ Online Shopping Mall Lazada Gets $40M From Shareholder Kinnevik To Push The Amazon Model In Asia | Amazon’s global march has yet to take it into emerging markets like Vietnam and Malaysia, so the Samwer brothers have smelled an opportunity to build out their own version in the absence of Amazon itself. Lazada, an Asia-focused “online sho... |
| Nov 12, 2012 | ‘Amazon for Asia’ Lazada pulls in another $40 million | Swedish bank Kinnevik is investing a fresh $40 million into online super-mall Lazada.
Lazada, active in Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, and described by tech press at launch as an “Amazon clone in Asia”, recentl... |
| Nov 12, 2012 | ‘Amazon for Asia’ Lazada pulls in another $40 million | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Swedish bank Kinnevik is investing a fresh $40 mi... |
| Oct 18, 2012 | Kinnevik Acquires Additional 10% of Zalando for €287M | Investment AB Kinnevik has acquired an additional 10% of equity in Berlin, Germany-based online shoe and fashion retailer Zalando, for €287m.
Sellers include early stage-investors Holtzbrinck Ventures, Tengelmann and Rocket Internet, which ... |
| Jul 18, 2012 | Jason Njoku’s iROKOtv Secures New $2m Investment | The foremost online distributor of Nigerian movies and music, iROKO Partners has announced an additional investment of $2 million from Sweden-based Kinnevik, an early investor in Groupon.
According to a press statement, the new deal is part... |
| Jul 19, 2011 | Kinnevik invests in BirchBox clone GlossyBox | GlossyBox, the German BirchBox clone of the Samwer brothers, has recently received an investment from Kinnevik. The Swedish investor now owns about 6% of the startup. The terms and concrete numbers of this deal were not disclosed yet. Holtz... |
| Jun 15, 2011 | Wimdu raises $90m from Kinnevik & Rocket Internet | The Berlin based Airbnb-clone Wimdu announced today, that it has just raised $90 million from Rocket Internet and Kinnevik. As Kinnevik has announced an investment of about $35.5m, this means that Rocket Internet has pumped about $54.5m int... |
| Jun 14, 2011 | Investors Pump $90 Million Into Airbnb Clone Wimdu | Exclusive – TechCrunch has just learned that Wimdu, a recently launched Airbnb clone that has already managed to irk the latter, has raised a whopping $90 million round.
The capital injection comes from European investors Kinnevik and the i... |
| Mar 17, 2010 | German Groupon clone Citydeal gets €5m in second round | [Germany] The Samwer brothers have done it again.
In December, Germany’s most prolific startup founders pumped millions from France and Sweden into their Internet companies. Now the three brothers have secured a €5 million second round for ... |
| Jan 5, 2010 | Samwer brothers pump millions from France and Sweden into their German startups | [Germany] While others hunted for presents, Germany’s most prolific startup founders used the holiday season to collect even more investor money and to start another company. Shortly after Christmas eve, the Samwer brothers switched on MyCi... |
| Южноафриканский холдинг купил контроль в Avito за $1,2 млрд | Холдинг полностью выкупил доли Northzone, Accel Partners и Kinnevik, пишет vc.ru со ссылкой на сообщения Naspers и Kinnevik.
Крупнейшим из тройки бывших акционеров был шведский фонд Kinnevik: доля, которую он продал Naspers за $846 млн, сос... |
| Orrick Advises Kinnevik on Investment in HungryPanda’s $130 Million Series D | Orrick has advised Kinnevik on its investment in food delivery platform HungryPanda’s $130 million Series D financing round. Additional investors in the round included Perwyn, 83North, Felix Capital, Piton Capital, Vintage, Burda Principal ... |
| Mobly recebe US$ 10 milhões de grupo venezuelano para ‘acelerar’ em 2013 | O pessoal da Mobly, que faz um e-commerce de itens relacionados a móveis e decoração, está cheio de novidades este ano. Depois de anunciar a criação de um programa de trainee, a startup que tem pouco mais de um ano de vida divulga que receb... |
| Orrick Advises Kinnevik on its Investment in Jobandtalent’s $500 Million Series E Round | Orrick has advised lead investor Kinnevik on its $115 million investment in Jobandtalent’s $500 million Series E financing round. SoftBank Vision Fund 2, Atomico, DN, Infravia, Kibo and Quadrille also participated in the round.
This investm... |
