ProSiebenSat.1 invests in Sport startup
The Munich-based media group ProSiebenSat.1 invests in the global soccer network 90Min. The $15 million round was led by the German media house, however, existing investors Battery Ventures, Dawn Capital, and Gemini Ventures joined. 90Min was started in 2011 by Asaf Peled, who will stay as CEO. Since its launch, 90Min raised a total of $39 million. According to the startup, it has more than 30 million user worldwide.
TV host invests in socks startup
Known from TV formats such as Circus HalliGalli, host Joko Winterscheidt is also known as an investor of GoButler. This time he invests in a socks startup: Von Jungfeld. Only two years after having launched, the Mannheim-based company’s items are available in over 10 countries and 510 shops, including Hirmer, KaDeWe and Galerie Lafayette.