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

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Lakestar and business angels invest in Nebenan.de

Serial entrepreneur Christian Vollmann and betterplace founder Till Behnke started the neighborhood network Nebenan.de this summer. Now, first investors came on board: besides Switzerland-based VC Lakestar, star investor Klaus Hommels and famous business angels invested. Home24 co-founder Philipp Kreibohm, LadenZeile founder Johannes Schaback, Amiando founder Felix Haas, and eDarling-founder Lukas Brosseder and David Khalil, as well Joana Breidenbach and Moritz Eckert of Betterplace joined the round. By now Lakestar holds 18 % of the shares, Till Behnke hols 17 % and Christian Vollmann 36 %.
[Gründerszene] (German)

Zalando’s Bread & Butter searches for a new event location

Berlin-based online fashion retailer Zalando wanted to host its fashion show “Bread & Butter” in Berlin’s former airport Tempelhof. Now, it is used as a refugees accommodation. Zalando is now looking for a new location, stressing it is not interested in a fashion fair, but in an event where people can shop.
[Handelsblatt] (German)

Holtzbrinck invests seven digit-amount in Caremondo

Munich-based Caremondo announces a seven digit investment. Caremondo lets user compare clinics worldwide online and book appointments. Besides Holtzbrinck Ventures several business angels joined the seed round.
[Gründerszene] (German)

Minodes raises €1 million

Berlin-based Minodes announces a €1 million investment from IBB. The B2B startup analyses customer data for retailer and will target the US next.
[Gründerszene] (German)

 Series A for BigRep

Also Berlin-based 3D printer startup BigRep announces a Series A round.  The family office Koehler and the VC B-to-v as well as existing investors invested a total amount of  €7 million. BigRep will use the new capital for product development, marketing, and internationalization.
[Gründerszene] (German)

Home24 acquires competitor Fashion For Home

Rocket Internet-founded online furniture shop has acquired it German competitor Fashion For Home. The founders Marc Appelhoff and Christoph Cordes will  stay at the company and become part of Home 24′s management team. The two brands will remain separately.
[TechCrunch]

German Startups Group files for IPO

After pulling back earlier this year, Gründerszene today reports, Berlin-based German Startups Group will go public tomorrow.
[Gründerszene] (German)

HelloFresh pulls back IPO

Rocket Internet-backed and Berlin-based food box delivery startup HelloFresh recently announced an IPO. Now, it pulled back. As Financial Times reports, an investor pointed out the startup’s burn rate and its high spendings on promotions to attract customers. However, HelloFresh is not the only one pulling back – many startups, e.g. French music streaming service Deezer, also decided to give it some more time.
[FinancialTimes]

Target Partners invests €3.5 million in Sicoya

Berlin-based Sicoya announces it got new funding: The company that develops integrated silicon photonics based microchips for optical interconnects raised €3.5 million from Target Partners.
[pehub]

 

Image: Some rights reserved by Georgie Pauwels