StyleLounge raises €2.3 million
Hamburg-based StyleLounge is a metasearch engine for clothing and lifestyle products. Today, it announces a Series A round. The €2.3 million come from TA Ventures, Axivate Capital, ASTUTIA Ventures, a number of family offices and Felix Jahn, founder of Home24 and former Managing Director of Rocket Internet, who is also a StyleLounge co-founder. The investment will be used to expand the business throughout Europe.
MyCleaner raises seven-digit amount
The Stuttgart-based mobile car cleaning service MyCleaner raises a seven-digit Euro amount. The amount comes from Unna-based family run D + H Beteiligungs GmbH. Besides a mobile car cleaning service, the startup also offers ecological car cleaning products that work without water.
Fraisr shuts down
Being found in 2012 by Oskar Volkland, Lukas-Christian Fischer and Alex Schwaderer, Fraisr wanted to become a “marketplace for good causes”. The idea was to sell items and let sellers donate part of their sell price. However, the startup later decided to build a plugin for shop software so that other e-commerce platform could use it. At some point, the marketplace was shut down and the team focussed on the SaaS business. Unfortunately, the pivot didn’t turn out as successful as hoped: Fraisr now went out of business.
Westwing moves its IPO
Munich-based online furniture retailer Westwing was supposed to go public in autumn. It has now suspended any plans for an IPO for the mentioned time period, rumors say.
Image: Screenshot StyleLounge