24. April 2013–
It's well known that the Samwers, the brothers behind Berlin-based company builder Rocket Internet, have no trouble attracting large investments in their portfolio companies – particularly in their mainstay eCommerce firms. Now, Manager Magazine has leaked a confidential document revealing the main investors in Rocket Internet after reporting details from it last week.
In a first, the document outlines just how much capital investors are willing to put into Rocket Internet – around $1.5b flowed into the ventures of the company builder over the past three years.
Unsurprisingly, Kinnevik is the major financier of Rocket Internet, also providing funding through its telecommunications group Millicom.
The list of top investors in Rocket Internet:
1. Up to $1b from Kinnevik
2. $340m from Millicom (Kinnevik)
3. $315m from DST/Juri Milner
4. Up to $300m from Access Industries
5. Up to $150m from JP Morgan
6. Up to $140m from Summit Partners
7. $120m from Holtzbrinck Ventures
8. $70m from Blakeney Management
9. $50m from Tengelmann Ventures
10. $45m from Marshall Wace
11. $30m from NEA
12. $30m from Victor Pinchuk
13. $25m from PPR
Alongside its main investors, Rocket Internet has also attracted an unlikely bunch of financiers – we reported on an investment in Payleven from the Berlusconi clan, while Linio received financial support from Colombian beer barons.
The document also revealed Rocket's ambitious plans to make retail and homeware giants Zara, H&M and Ikea take a back seat to the company's online competitors Zalando and Home24.
For related posts, check out
Rocket Internet’s huge ambitions: to “take down” Ikea
How much have Swedes Kinnevik invested in Rocket Internet to date? €1.1b and counting
Samwer brothers’ Global Founders Capital co-invests millions in Wonga rival Kreditech