Top 5 News
Helpling raises a €43 million B Round
Berlin-based and Rocket Internet backed online marketplace for hiring home cleaners Helpling announced another €43 million from a group of top-name European investors. The round includs new investors Lakestar, also invested in music streaming service Spotify, and Kite Ventures, an investor of food takeaway service Delivery Hero. Existing investors were entrepreneur Lukasz Gadowski, co-founder of early German Facebook rival StudiVZ, as well as Rocket Internet. Helpling offers its services in 200 cities and will use the investment for international expansion.
€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.
Flower Power: Bloomy Days closes A Round
VibeWrite accused of delayed filing of insolvency
After a successful crowdfunding campaign, the startup VibeWrite, that developed a pan that vibrates when recognizing misspelling, filed for bankruptcy. Besides the legal issues the company now faces, investors want to know where the money went. The story continues and shows planning problems startups with a crowdfunding round face.
EyeEm launches photo selling marketplace
After months of beta testing, Berlin-based photo sharing platform EyeEm launched its EyeEm Market. It lets users sell their images, starting at $20 for a standard license that covers editorial and full commercial use in digital form. For $250 buyers get the full extended commercial use including print publications with more than 250,000 circulation, TV use, and printing on products.
Berlin from the eyes of Nordic and Baltic startups
Many startups love Berlin. But what is so different to other cities and what is it like for foreigners to move here? Konstantin Zagaynov, co-founder at Videoly.co, asked around. “Berlin is known best for e-commerce but I would recommend it for any type of start-up,” says Vesa Perälä, a Finnish founder of Inbot.io, a mobile-first customer relationships tool.
The electric scooter unu moves from Munich to Berlin
unu moves into Berlin’s Factory. Other companies such as a Twitter and SoundCloud are based there as well. “Berlin offers the perfect urban surrounding that we need to enhance our business,” the company stated.
Pearlfection shuts down
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 Farfetch 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.
Germany’s fastest growing tech company: Blacklane
The Next Web is looking for Europe’s fastest growing tech companies. While Delivery Hero is probably one of the German startups that would first cross your mind (as they raised over $600 million in funding in 2015 alone), Blacklane made it instead. TNW explains the criteria as follows: ”The Tech5 lists are based on actual revenue and employee data and shows the growth rate between 2012 and 2015. The main entry criteria for the Tech5 were that a company must have launched in 2010 or later, have generated more than €200,000 in revenue (2014), and build its own (scalable) product or service driven by technology.
Seeding Alliance and NativeAds join forces
The companies state, that they will reach a network of 40 million unique users per month. Together they plan to become the leading ad network for brand content and native advertising in Germany. Customers of Seeding Alliance include publishers like Funke Digital, iq media and media house Ströer Digital. Augsburger Allgemeine, Westfälische Na chrichten, Frankfurter Rundschau, Tagesspiegel and over 60 other German newspapers also use the technology.
Shoepassion.com opens third store in Germany
Kiwi.ki raises €4 million A Round
The Berlin-based hardware startup Kiwi.ki announced its $4 million Series A round. The fresh money comes from Hamburg-based wood trader J.F. Müller & Sohn, business angels Konstantin Sixt and Christian Oldendorff as well as existing investor Paua Ventures. Kiwi.ki is a wireless technology to open doors.
Memorado raises €3 million Series A
Berlin-based brain training app Memorado raised a €3 million round, lead by Creathor Venture and Samwer’s Global Founders Capital fonds. Existing investors Sunstone Capital and several business angel joined the round.
[VentureBeat], [Gründerszene] (German)