Today in Germany: Ezeep, Psyware, Global Fashion Group, Avuba

Screen Shot 2015-07-01 at 15.02.12
Screen Shot 2015-07-01 at 15.02.12


Cloud Printing Startup Ezeep filed bankrupsy

Being founded in 2011 was too early for the cloud printing startup Ezeep, co-founder Sascha Kellert stated. Though having raised quite a good amount of cash in 2014, the startup now shuts down. The software gathered and connected all printers in a network so that driver software became unnecessary.
[Gründerszene] (German)

Psyware raises seven-digit Euro amount

Aachen-based Psyware analyses with e.g. language analysis what people are good or bad in.  For the third time the startup that was founded in 2012 raises an seven-digit figure from NRW Bank, privat investors and existing investors Seed-Fonds Aachen and DSA Invest. The fresh money will be used to expand IT infrastructure and professional sales.
[Gründerszene] (German)

Rocket Internet’s Fashion Group raises €150 million

GFG (Global Fashion Group) is the umbrella group of Rocket Internet’s fashion-focused companies. As announced today, the group raised another €150 million and acquired two Rocket-backed companies from Brazil. Rumors have it that GFG will, similar to Rocket Internet, exit via IPO. The round was led by Kinnevik, Rocket Internet and existing investors joined the round.

Avuba dismisses its users

Berlin-based peer-to-peer payment provider Avuba dismissed its users. In an email sent out yesterday the startup stated that its service will run out by the end of August. New plans have not been released. The app allowed friends to transfer money to each other. Startups with similar ideas have a hard time to find their way into Germany’s mainstream audience.
[Gründerszene] (German)

Image: Screenshot Ezeep