Total amount raised
Latest funding date
Location
Axel Springer has secured significant investment from KKR and CPP Investments, marking a pivotal moment in its corporate journey. The company, known for its diverse media and technology offerings, continues to evolve with strong financial backing.
Keep reading to explore the intricacies of Axel Springer's fundraising journey and the investors backing this influential media and technology company.
What Is Axel Springer?
Axel Springer is a prominent media and technology company with a transatlantic presence. It operates under family ownership, with significant investments from KKR and CPP Investments in its Classifieds businesses.
Headquartered in Berlin, Germany, Axel Springer is involved in various media initiatives, including news media, corporate blogs, and diversity and inclusion efforts. The company is undergoing structural changes and leadership transitions, as indicated by recent press releases.
How Much Funding Has Axel Springer Raised?
- Funding Round 1
- Amount Raised: $500 million
- Date: June 2019
- Lead Investors: KKR
- Funding Round 2
- Amount Raised: $300 million
- Date: March 2021
- Lead Investors: CPP Investments
In total, Axel Springer has raised $800 million.
Key Investors
- KKR
- Details: KKR is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit. Founded in 1976, KKR has a long history of partnering with management teams and entrepreneurs to build successful businesses.
- Investment Focus Areas: Private equity, infrastructure, real estate, credit, energy
- Notable Investments: First Data, GoDaddy, ByteDance
- CPP Investments
- Details: CPP Investments is a professional investment management organization that invests the funds of the Canada Pension Plan. It operates at arm's length from the government and is headquartered in Toronto, Canada.
- Investment Focus Areas: Public equities, private equities, real estate, infrastructure, fixed income
- Notable Investments: Enbridge, Glencore, Alibaba
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