Today in Germany: Westwing, Foodist, Iversity

Screen Shot 2016-08-09 at 14.44.25
Screen Shot 2016-08-09 at 14.44.25

Westwing raises €24 million

As Gründerszene found out, Rocket Internet-backed interior design startup Westwing recently raised €24 million in convertible bonds. That leads to an overall funding of €210 million. Things are currently not going as well as hoped. After delaying the IPO, the company also hasn’t increased in value in the past 18 months.
[Gründerszene] (German)

Störer acquires Foodist

Hamburg-based crowd-invested startup Foodist got acquired by the German media house Ströer. The startup which was founded in 2012 sells delicate food boxes. It’s also known from the German TV show DHDL (Die Höhle der Löwen) and raised €1.5 million trough three rounds in crowdfunding.
[Gründerszene] (German)

Iversity receives funding from Holtzbrinck Digital

After existing investors didn’t want to join for a new round, Iversity filed for bankruptcy a few weeks ago. Now, Holtzbrinck Digital invested in the startup that offers online courses with a focus on the B2B market. The amount of the investment stays undisclosed.
[Gründerszene] (German)