Rocket Internet’s Oliver Samwer and Fabian Siegel, known for building Delivery Hero into a global leader in its industry have partnered to start Global Founders Capital, a US$ 193,605,000 stage agonistic, global focused venture fund to support entrepreneurs worldwide in building and scaling their businesses.
Oliver, who amongst others runs together with his brothers the largest Internet venture building group in the world, employing over 27,000 people across 43 countries sees Global Founders Capital as a way to support entrepreneurship globally: ‘I was fortunate throughout the last 15 years building Internet businesses. I believe the Internet is providing a once in a lifetime opportunity to entrepreneurs around the world. With Global Founders Capital we want to support these entrepreneurs with operational know-how, our network and the required funding to scale their businesses.’
Global Founders Capital will invest into all stages from seed round to growth capital. The primary focus of the fund will be to invest into businesses with the potential to become very large in scale either within one market or by expanding globally into other markets.
‘After having built businesses for more than 13 years, it is exciting to now support teams around the world in building their own businesses’, mentions Fabian. ‘Each of us at Global Founders Capital experienced years of hands-on operational success. We know what entrepreneurs need when looking for investors – our vision is to become a valued added part of the team and provide more than just capital. Our pledge to the entrepreneur is to be fast, pragmatic and fair.’