Razer Group, the European buyer of Amazon stores, has raised $70 million in new venture capital.
The transaction now appears to have taken place before Christmas. Tech.eu They joked Agreement. L Catterton, the investor who led the deal, informs him on his site. Other investors in the round include 468 Capital and Pressit Capital.
Racer Team From Berlin for the last two years Eight hundred million Dollars in growth money from various investors. By doing so, it acquires profitable seller accounts that are active on Amazon and have their own intellectual property. The Razer Group is active in Europe and the US. The new investment revolves around expansion into South America.
As part of arrangements with L Catterton, that investor is selling its portfolio company Valorio For the Germans. It is a major e-commerce company in Mexico, Brazil and Colombia. Presight Capital was also a partner.
Racer’s Dutch subsidiary is Dwarfs. It did At the end of November Another 30 million euros in growth capital to buy more webshops and traders on the marketplaces. It does this in six countries and has a particular focus on products people use around the home.
Photo: Beatrice (CC)
