Home24 raises €120 million
According to rumors, Berlin-based furniture startup Home24 is working on an IPO. Now, the Rocket-backed startup announces a fresh €120 million investment from both, existing and new investors. 10 percent of its shares were sold to the Scottish investment firm Baillie Gifford, which invested €90 million. The other €30 million came from Rocket Internet. Through this investment, the company’s evaluation rose to €942 million.
Rocket’s mid-term rental platform nestpick launches in Australia
Shortly after celebrating its first birthday, Berlin-based Nestpick launches in Australia, starting in Sydney and Melbourne. The Rocket Internet competitor of Berlin-based wunderflat offers mid-term furnished apartments (at least three month of rental) for e.g. exchange students, expats or professionals.
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Image: Screenshot Home24