This Week in Germany: Funding, IPOs, Startup & Accelerator News. And One More Thing.

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#TGiF! And here is your weekend read!

A summary of what happened in Germany’s startup industry this past week.

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Funding Rounds/Exits/IPOs/That kind of News


Seven-digit euro amount for the app that could ease your SXSW communication

Hamburg-based Familonet raises a seven-digit euro amount from existing and new investors. Though you might not have heard of it, here is why you should consider it your messenger app for SXSW.
[VentureVillage]

Rocket says “Yes” to Bridestory

Berlin-based Rocket Internet invests in Indonesian’s leading wedding marketplaceBridestory. The Series A funding is followed by Bridestory’s previous investors, Sovereigns Capital, East Ventures and Fenox VC and joined by two new investors, Skystar Capital and Lippo Digital Ventures.
[Rocket Internet]

Cheers! €3.75 million for wine startup Vicampo

Mainz-based wine startup Vicampo wants to recommend wine like Amazon recommends products. In order to do so, existing investors Passion Capital, E.ventures, angel investor Heinz-Werner Nienstedt, as well as two family offices joined the €3.75 million round. The funding will mostly be used to improve the product. In fall 2013, the startup that was founded in 2012 raised a seven-digit euro amount. According to Vicampo, the startup employs 30 people and produced a revenue of over €5 million in 2014.
[Gründerszene] (German)

Spain’s Percentil acquires Germany-based Kirondo

Kirondo, which claims to be the leader of reselling pre-owned kids clothing, was acquired by Spain-based Percentil. Both companies buy and see “nearly-new” clothing for kids. Details of the deal were not disclosed.
[TechCrunch]

Rebelle receives multi-million-Euro Series B

Hamburg-based second-hand designer online marketplace Rebelle received a multi-million-Euro Series B. Existing investors High-Tech Gruenderfonds (HTGF), HCS Beteiligungsgesellschaft, Hanse Ventures and a number of notable private investors joined, as well as new ones (North-East Venture A/S from Copenhagen and Deutsche Balaton AG from Heidelberg).
[HTGF Blog]

Diabetes App MySugr raises €4.2 million

Large investment news not from Germany, but from Austria: The diabetes app MySugrraised €4.2 million from Swiss pharma giant Roche and US VC iSeed Venture. Existing investors XLHealth, which already invested a seven-digit amount, joined the round. The investment will be used to expand globally.
[TechCrunch]

Rocket Internet increases investment in Delivery Hero

Rocket announced another €52 million and the contribution of the recently acquired leading Middle Eastern online food take away company Talabat. This increases Rocket’s shares in Delivery Hero to about 39%. Also, Rocket announced a €104 million funding in foodpanda.
, [TechCrunch]


Startup News


 Zalando sells and buys

Zalando is selling 17.9 million existing shares after reporting its first full-year profit. Also, it buys the Berlin-based E-Reading platform Txtr.
[Business of Fashion], [Gründerszene] (German)

Helpling expands and acquires

Helpling is launching its services in Australia and Saudi Arabia and  also acquired the competitor Spickify from Singapore.
[The Next Web]

 


Accelerator News


YOU IS NOW Applications Are Open

ImmobilienScout24’s accelerator YOU IS NOW will start another three-month program, starting on April 27th. Applications are accepted until March 31st. The Berlin-based accelerator works on internet- and mobile-based business models.
[YOU IS NOW]


Extra


How to Build your Growth Machine

Here is a series of advice on how to grow your business. Part I to III are online.
[VentureVillage]

WHERE THE HECK IS…? Did we miss something? Let us know in the comments below! 

Have news to share? Drop us a line at news@theheureka.com!

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