This Week in Germany: 11 Headlines you should have heard of.

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ReActive Robotics raises seven-digit amount

Munich-based ReActive Robotics announces a funding round in a seven-figure. The exact amount is unclear, however, the investors are not: Bayern Kapital as well as the MedTech investor MTIP MedTech Innovation Partners, German service provider TQ Group and HTGF (High-Tech Gründerfonds). The just one year old startup works on technical solutions that aim to help patients in intensive care units.
[Gründerszene] (German)

Bonativo shuts down

Berlin-based regional food startup Bonativo will shut down its business. French competitor Food Assembly bought two service features of the startup. According to Crunchbase it had a total of $3.6 million of funding. Launching in three markets was harder than expected, Rocket Internet-backed Bonativo told its clients when shutting down in London. Shortly after though, it opened in Hamburg.
[Gründerszene] (German)


Update June 6th, 2016: An earlier version stated that Food Assembly bought Bonativo. Food Assembly reached out to us and explained it had never considered to do so. 


 

Number26 closes customer accounts without further explanation

There’s been a lot of talking going on about Berlin-based fintech startup Number26. While many customers mention how much they like the service, a lot of those in touch with the support team stated things aren’t going well. However, now Number26 canceled a few hundred accounts. The reason for that? Unknown. The company states, each and every cancellation has a reason. Unfortunately, these are not communicated. That raises questions, like if people have used the ATM too often, which costs Number26. Gründerszene has the entire story.
[Gründerszene] (German)

And then he sold his company to Rocket Internet

TechCrunch reported about Christian Sarcuni, former CEO of Italian-based PizzaBo, who sold his business to Rocket Internet for €51 million in 2015. He tells a story of unkept promises and bad surprises. Gründerszene reported about it and spoke with Rocket Internet – they tell a different story.
[TechCrunch], [Gründerszene] (German)

Eversports raises €800,000

Vienna-based (yes, not really Germany but close enough) Eversports is a platform where customers can book sport activities. After raising a million last October, it now raises €800,000 from Dutch business angel Marcel Beemsterboer and existing investors Point Nine Capital, as well as RTAventures VC, 6Wunderkinder-Gründer Christian Reber and Salonmeister-founder Louis Pfitzner. The investment will be used to expand.
[Gründerszene] (German)

Project A invests in Lost My Name

Berlin-based VC Project A invests €4 million London-based Lost My Name. It is described as an extension to the startup’s original $9 million Series A round which was led by Google Ventures, with participation of Greycroft and Forward Partners. Florian Heinemann, founding partner at Project A, also joined Lost My Name’s board. The startup publishes personalised children books and other kids content.
[TechCrunch]

Zalando adds new service for brands

Besides the news that Zalando just recently invested an undisclosed amount in France-based B2B e-commerce platform Le New Black, it also wants to add a service for other fashion brands to become part of their digital strategy. What Zalando wants to offer is that brands can build and organise their online shops on the Zalando platform. Also, the Berlin-based online shop giant wants to invest €200 million in logics and technology within this year.
[finanzen.net]

Rocket Internet’s Q1 selected companies report

Berlin-based startup factory Rocket Internet released its Q1 report for twelve selected portfolio companies. In this document it stated that looses decreased by €40 million. However, HelloFresh and Westwing seem to struggle. More details are on
[bloomberg], [Gründerszene] (German)

Seven-digit amount for Bookingkit

Berlin-based Bookingkit raises a seven-digit Series A round. Besides existing investor HTGF (High Tech Gründerfonds) and business angel Robert Kabs, Medien Onion’s venture arm Intermedia invested. Concrete details of the deal remain undisclosed. Bookingkit offers a SaaS solution where activity providers can overview and organise bookings.
[Gründerszene] (German)

Staffbase raises €2 million

Chemnitz-based Staffbase, the messenger and intranet app that competes with Slack, raises €2 million. Having started in late 2014 with a different name (“Eyo”), the startup now employs 14 people. The Series A investment comes from Capnamic Ventures and existing investor Kizoo Technology.
[Gründerszene] (German)

€23 million for Thermondo

Berlin-based Thermondo is a technology driven provider of heat and power. Existing investors, such as power company E.on, Holtzbrinck Ventures, IBB and Alexander Samwer’s Picus Capital, as well as new investor Rocket’s Global Founders Capitals, who led the round, came together to invest a €23 million strong Series C round. While previous rounds were raised for 12 months, this round will last longer, CEO Philipp Pausder stated to Gründerszene, who reported about the story first.
[Gründerszene] (German)

Image: Some rights reserved by Georgie Pauwels