Today in Germany: Scout24, TVSmiles

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Screen Shot 2015-09-07 at 16.38.31

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Scout24 plans IPO

The Berlin-based online-classfieds company Scout24 plans an IPO on the Frankfurt stock exchange for later this year. “The planned IPO is the logical next step in the company’s development path, and now is the right time to take it,” said Gregory Ellis, CEO of Scout24. The company owns several leading digital marketplaces, e.gl. for cars or real estate.
[WSJ]

TVSmiles raises €5 million Series A

TVSmiles, a quizz app based in Berlin, announces a €5 million Series A round. It is led by Omnes Capital, however,Ventech, e.ventures, German Startups Group, SevenOneMedia and business angels joined the round. The investment will be used to continue expanding in the UK, as well as targeting other international markets, e.g. the US. TVSmiles previously raised €7 million.
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Image: Screenshot TVSmiles