#TGiF! And here is your weekend read!
A summary of what happened in Germany’s startup industry this past week.
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.
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.
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.
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.
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).
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.
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.
Zalando sells and buys
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]
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]
How to Build your Growth Machine
Here is a series of advice on how to grow your business. Part I to III are online.
WHERE THE HECK IS…? Did we miss something? Let us know in the comments below!
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