Hello Fresh received new capital
Berlin-founded Rocket Internet-back food box startup Hello Fresh received new investment in April: An increase of capital of about €21.4 million came from so far unknown investors, a bank loan of €44.4 million, and a separated shareholder loan from Rocket Internet. The money may be needed while waiting for the right time for an IPO.
Rocket Internet decreases loss
Looking into the number of the first halb year of 2016, Berlin-based company builder Rocket Internet decreases its loss. Rocket’s largest startups Hello Fresh, Foodpanda and Global Fashion Group could decrease their EBITDA margins. In absolut numbers, however, Rocket’s six largest startup come to a total loss of €212 million. More: