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



Signavio raises €31 million

Berlin-based SaaS startup Signavio offers business process and decision management technology. Today, it announces a €31 million investment from global growth equity investor Summit Partners. It will be used to expand internationally.

Adnymics receives seven-digit investment

Munich-based VC Bayern Kapital invests in personalized print brochure startup Adnymics. Adnymics in also based in Munich, was founded in late 2014 and operates with a team of 12 people. The investment will be used for product development.
[Gründerszene] (German)

Carzada raises six-digit round

Berlin-based used cars platform Carzada announces its first investment: Heiko Hubertz (founder of the gaming company Bigpoint), Alexander Meyer and Thomas Wilke (both founders of Teradata) invested a six-digit amount in the startup. Its founders, Thomas Vagner and Johannes Mayer, previously worked for Rocket Internet’s used cars platform Carmudi. “Since we both come from and have worked in family businesses, growing sustainably is important to us,” the founders state. The investment will be used to improve the product.
[Gründerszene] (German)

Gini gets a another investment from Commerzbank’s Main Incubator

Munich-based Gini is an API that claims to extract and semantically interpret scanned documents and to provide structured, ready to analyze data. Commerzbank’s Main Incubator seems to like the idea and leads this round. Deutsche Telekom Stratetic Investments and a privat investor also joined. Details remain undisclosed.
[Gründerszene] (German)

NavVis raises €7.5 million

Target Partners leads a €7.5 million round of Munich-based NavVis, which visualizes indoor spaces. Besides the new lead investor, business angel Google’s Don Doge joins. Existing investors  Bayerische Beteiligungsgesellschaft BayBG, MIG Fonds, former German CEOs from McKinsey and Microsoft Lothar Stein and Jürgen Gallmann also invested.
[Gründerszene] (German)

Six digit figure amount for Math 42

Berlin-based math tutoring app Math 42 receives a six digit investment. Michael Klett and his son David, the people behind German publish house Klett Verlag, invested and received 6.25 per cent of the startup. The rest of the shares belong to the family: Thomas Nitsche, his sons Maxim Nitsche and Raphael Nitsche as well as the stepmother Oxana Nitsche. The app explains difficult math formulas to students.
[Gründerszene] (German)

Project A investes in Pets Deli

Berlin-based Pets Deli offers high end food for pets – and sells offline and online. Company Builder Project A seems to like the idea and bought 22 per cent of the company. Pets Deli was founded 2014 and offers standard food and food specials for cats and dogs.
Details of the deal remain undisclosed.
[Gründerszene] (German)

Image: Some rights reserved by Georgie Pauwels