Razor Group announced raising $25 million in equity as part of a financing of $400 million.

Razor, a Berlin, Germany-based startup building a business around acquiring small retailers from Amazon, announced securing funds to the company worth of $400 million.

Most of the money is debt, and includes a $25 million equity raise backed by investors led by Victory Park Capital (“VPC”), joined by BlackRock, as well as its existing shareholders 468 Capital, Redalpine, FJ Labs and Global Founders Capital.

Proceeds will be used as the company intends to increase the pace of its acquisition-driven growth strategy, with target businesses typically already pulling in between $1 million and $15 million in annual revenues.

Razor, founded in 2020 by CEO Tushar Ahluwalia and Jonas Diezun, aims to develop an operation that is based on acquiring Amazon-based small retailers (FBA - Fulfillment by Amazon).  The company says that it is expecting to reach sales of €100 million from about 30 brands it acquired since its start in 2020.

Razor previously raised €25 million in debt and equity, backed by Redalpine et al in 2020.