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26

Berlin Boosts Funds to Find Next Zalando, Widen Lead Over London

By Tony Seruga

Alumni of Rocket Internet, Zalando raise significant new funds
Berlin overtook London as Europe’s top VC destination in 2015

Berlin has already surpassed London as Europe’s top venture capital destination. A pair of VC firms are poised to extend the lead.

The city eclipsed London last year, with 3.1 billion euros pumped ($3.39 billion) into German startups, about five times as much as in 2013. About 70 percent of that total went to companies in Berlin, home of Europe’s biggest startup factory, Rocket Internet SE…

Berlin Boosts Funds to Find Next Zalando, Widen Lead Over London

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