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Rocket Internet AG Johannisstraße 20 10117 Berlin, Germany http://www.rocket-internet.com
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Rocket Internet AG

Home24 Raises EUR 20 Million in a Funding Round

(PresseBox) (Berlin, )
- Rocket Internet participates with EUR 1.4 million in Home24 funding round
- Funding round at a EUR 420 million post-money valuation
- Rocket Internet’s post transaction ownership will be 42.9%

The Home & Living online retailer Home24 AG (“Home24”) signed a EUR 20 million funding round at a EUR 420 million post-money valuation, which previously stood at EUR 981 million. Rocket Internet SE (“Rocket Internet”) participates with a EUR 1.4 million investment in this round. Baillie Gifford and other investors are also participating in this round. As a result of the transaction, Rocket Internet’s combined direct and indirect stake will decline bl 77.9%, cema wrzxfxeuim 55.3%.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.