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



SumUp raises €10 million

Just recently the mobile point of sale startup SumUp announced a seven-digit investment by the Swiss VC Venture Incubator. Now, the startup founded in 2011 announces another round. The €10 million round was led by Groupon as well as American Express.

 Remerge raises $3 million

Berlin-based mobile app marketing platform Remerge also announced a new funding round. After raising a $1 million seed round late last year, Remerge announces a $3 million Series A round led by existing investor Point Nine Capital. The investment will be used for expanding, e.g. for opening an office in San Francisco.

Laremia gets acuqired by Chic by Choice

Berlin-based Laremina got acquired by Chic by Choice, the European RentTheRunway competitor. CBC lets clients rent out luxury fashion and is backed by Faber Ventures and Portugal Ventures. It has a €500,000 seed investment and is currently raising a Series A round.
Terms of the deal were undisclosed.

Movinga raises seven-digit amount

Berlin-based startup Movinga lets users organize their moving online. Today, it announces that it raised a seven-digit amount from investors such as Earlybird Venture Capital, and business angels such as Florian Heinemann, Christian Vollmann and Philipp Kreibohm. According to the startup, it already makes millions. It started in January 2015 and is active in Germany, Austria, the UK and France. Italy, the Low Countries and Scandinavia are to follow next.
[Gründerszene] (German)

ChartMogul raises $900,000

Point Nine Capital and others invested an overall of $900,000 in the second seed round of ChartMogul, who’s full investment is now $1.5 million. ChartMogul focusses on SaaS and subscription models and helps them to better understand their revenue.

Givve receives Series B investment

After raising from HTGF in 2012 and (€600,000) from Redalpine Venture Partners as well as from several business angels in 2013, Givve now receives a seven-digit investment from Jochen Schweizer, Torsten-Jörn Klein, an two new, unknown investors. The startup offers MasterCards that can only be used for payment and not for pulling cash. It targets companies that need one for their employees.
[Gründerszene] (German)

Six-digit investment for Comatch

Ex-McKinsey consultants Christoph Hardt and Jan Schächtele started a platform for accounts, industry experts, and business consultants to connect with companies who need their support. After raising a Seed Round from Christophe Maire’s Atlantic Labs, Comatch now received another medium size six-digit investment from its existing VC as well well from B-to-v and a hand full of business angels.
[Gründerszene] (German)

Apiomat raises seven-digit amount

After being found in Jena in 2012, the startup that lets develops build an app’s backend in five steps, receives a seven-digit investment from business angels and Technologiegründerfonds Sachsen (TGFS). The investment will be used to grow in the States, where Apiomat recently opened an office
[mobilbranche] (German)

Lakestar II announces €350 million fund

Zurich-based Lakestar founder and chairman Klaus Hommels reports, that the company “received interest in Lakestar II from many prominent investors – in fact, the fund was significantly oversubscribed. However, €350 million is the right size to give our portfolio companies the appropriate level of personal attention and support from our partners, and to help these businesses grow.”  Hommels is known for its investment Facebook, Skype, Airbnb, Xing and and Lakestar I has already invested in companies such as Berlin-based GoEuro or Switzerland-based Teralytics. The Guernsey-based VC will use the fresh money to invest in European as well as in US startups.
, [VentureBeat]

Lavaboom is fiing for bankruptcy

Cologne-based secure email service Lavaboom has announced it will shut down on August 27, 2015. The startup is now filing for bankruptcy. It was  building a zero access secure email service that focused on simplifying PGP encryption security to target a more mainstream user-base.