The Good, the Bad, the News: This Week in Germany.


With the weekend ahead, we’ve put together the most important news from the past week for you to stay on top of what happened in the German startup scene.width="515"

WeltSparen raises €20 million

Berlin-based fintech startup WeltSparen raises €20 million in a Series B. The round is led by Palo Alto-based Ribbit Capital and Index Ventures. Russian entrepreneur Yuri Milner and Tom Stafford also joined, which brought the company’s total funding so far to €30 million. The company is known as SavingGlobal in the UK. It’s an online marketplace that lets people access saving products in other different European countries.

Oliver Samwer named as #1 of The WIRED 100 in 2015

Rocket Internet’s CEO Oliver Samwer is named #1 of The WIRED 100 in 2015. Though Wired’s feature on him gives a lot of reasons for this title, it also quoted him from three years back saying “We are builders of companies, we are not innovators”. Interesting choice for a magazine like Wired to put him on top of the list.

Adidas acquires Runtastic

The Austria-based running and sports tracking app Runtastic got acquired by sports giant Adidas. Runtastic, which was founded in 2009, was sold for €220 million.

Hello Fresh plans IPO

Berlin-based food and recipe delivery service Hello Fresh is planning an IPO. According to news reported by Reuters this may happen as early as October this year. Its major investor Rocket Internet declined to comment, so did Morgan Stanley and Goldman Sachs who are organising the listing.

Goldmann Sachs invests in eKomi

Social commerce platform eKomi received an investment from Goldmann Sachs. Details about the size of the investment were not shared.
[Gründerszene] (German)

Urbanara raises €5.4 million

Berlin-based home accessories startup Urbanara announces a funding round: About €3 million came from a strategic partner (family office), the rest came from existing shareholders. The investment will be used to work on the product portfolio, a multi channel marketing strategy as well as on the startup’s IT.
[Gründerszene] (German)

Zeotap raises $6.4 million

Berlin-based Zeotap lets telecom operators connect with its advertising ecosystem. Now, the one year old company raises $6.4 million in Series A. The investment comes from Capnamic Ventures, Iris Capital, a number of business angels and existing investors and will be used to continue developing the platform and growing Zeotap’s engineering team in Bangalore,  and India. Some of the fresh cash will also be used to continue growing in the United States.

Nokia sells Maps to BMW, Audi, and Mercedes for $3 Billion

German carmakers decided to buy Nokia’s map software “Here” for the final price of €2.8 billion. Each party willl hold an equal state in it. ”High-precision digital maps are a crucial component of the mobility of the future,” Daimler chairman Dieter Zetsche stated. “With the joint acquisition of Here, we want to secure the independence of this central service for all vehicle manufacturers, suppliers and customers in other industries.”
[the verge]

German competition for Helpling and Book A Tiger in Barcelona raises €1.5 million

Based in Barcelona, BookYourHero does the same as Book A Tiger and Helpling in Germany and some other European countries: they offer a platform to book a cleaner. Now, BookYourHero announces its second funding round: €1.5 million were invested by Seaya Ventures.
[Gründerszene] (German)

Undercover raises six digit amount

Berlin-based sex phantasies app UnderCovers announces a seed round. Jan Dzulko (founder of MCube Company Builder), Stefan Menden and Kai Grünenwald  (founder of JustBook) and Swizz-based VC Lakeside Invest & Consult invested a six digit amount. The app lets couples swipe through sex phantasies and only shows matches – like tinder for whatever happens in beds. The investment will be used for further product development.
[Gründerszene] (German)