Rocket Internet Lending Venture Spotcap Raises 13 Million Euros
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Rocket Internet AG, the German e-commerce investor that completed an initial public offering this month, said its online lender Spotcap has raised 13 million euros ($16.5 million) from a group of investors led by billionaire Len Blavatnik’s Access Industries.
German venture capital firm Holtzbrinck Ventures also contributed to the funding round, Rocket said today. Holtzbrinck and Access are also investors in Rocket.