Today in Germany: DreamCheaper, Spotcap, Pearlfection, Farfetch

Screen Shot 2015-03-23 at 17.13.14
Screen Shot 2015-03-23 at 17.13.14

Meet DreamCheaper, fresh money for Rocket’s Spotcap, Pearlfection shuts down, Farfetch launches in Germany.

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Screenshot DreamCheaper

Meet DreamCheaper

DreamCheaper wants to let users book cheaper hotel rooms. The startup users can save about 15 % less. How and why? TechCrunch knows.
[TechCrunch]

€5 million for Spotcap

Rocket Internet’s FinTech startup Spotcap, an online credit platform, has raised €5 million from Kreos Capital, Europe’s largest provider of growth debt to high-growth companies. Just last October, Spotcap announced a €14 million funding from Access Industries and Holtzbrinck Ventures.

Pearlfection shuts down

The idea to mass-produce individual jewelry didn’t work out for Pearlfection: the startup, that started 2008 in Munich, now has to file for bankruptcy.
[Gründerszene] (German)

London’s fashion marketplace Farfetch launches in Germany

With a validation of over a billion though not being profitable yet, the high-end fashion marketplace from London starts in Germany. In the beginning of this month it raised a Series E round ($86 million) from E.ventures, DST Global, Vitruvian Partners and Condé Nast.
[Gründerszene] (German)