Today in Germany: Kleiderkreisel, Cuponation

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€24 million for Kleiderkreisel’s parent company

German publishing house Hubert Burda Media, Accel Partners and Insight Venture Partners invested a total amount of €24 million in second hand platform Kleiderkreisel’s parent company Vinted.
[Gründerszene] (German)

Cuponation raises €10 million

Rocket Internet’s coupon startup Cuponation raises a €10 million series B round. The investment comes from Rocket Internet, Holtzbrink Ventures, New Enterprise Associates, E.ventures, Ru-Net, Deutsche Telekom Strategic Investments, Silicon Valley Bank and Columbia Lake Partners. It will be used to launch in further countries.
[Gründerszene] (German)

 Image: Some rights reserved by Joseph Brent