Bitburger, Kärcher and Deichmann joined existing backers Otto Group, Lidl, Dr Oetker and Porsche as the venture firm closed a $225m US vehicle and a $175m European fund.

A host of corporate limited partners have contributed to two funds launched by Germany-based venture capital firm yesterday that totalled $400m in size, according to Handelsblatt. The vehicles in question are a $225m fund that will invest in the US out of an office in San Francisco, and a $175m Europe-oriented fund that will…

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