This Week in Germany: 7 Headlines worth knowing about

12336692494_0c86fb5d0c_z21-1 announces new partnership and investment

Early in 2016, Hamburg-based company builder Hanse Ventures bought the domain and started a platform that recommends gifts. It didn’t take long before the first six-digit figure investment came in. Now, the company announces it teams up with Design3000, an online shop for lifestyle products. Together, they become part of HSY GmbH. Both brands will continue to run independently. Also, existing investor GMPVC German Media Pool and others invest a medium size seven-digit figure to push growth.
[Gründerszene] (German)

Truckin raises €1 million

Berlin-based transportation startup Truckin raises €1 million from trailer producer Schmitz Cargobull. The startup aims to solve many different issues in the truck industry. Besides placing request between mover and freight carrier, the startup also builds an app and browser solution for higher capacity efficiency.
[Gründerszene] (German)

Mivenion files for bankruptcy

Berlin-baed Mivenion is in financial trouble. The medtech startup files for bankruptcy, Gründerszene reports. The startup started in 2007 and raised €1.4 million  from Alstin. HTGF invested prior to that round. The idea was to develop innovativ med tech products.
[Gründerszene] (German)

Payworks raises $4.5 million and rebrands

Munich-based fintech Payworks raises $4.5 million. Besides existing investors Speedinvest and business angels, Rumford and fintech investor HW Capital joined and also led the round. Papers were signed in May, however, it just now was announced. With the new money comes a new name: Payworks will now be called Pulse. The startup works on the technical infrastructure for debit and credit card payment.
[Gründerszene] (German)

ProSiebenSat.1 acquries Parship and ElitePartner

German media publisher ProSiebenSat.1 acquires a majority of the online dating portals Parship and Elite Partner (Parship Elite Group). It bought 50% of the shares and one company stock. The other shares belong to the previous owner: London-based Oakley Capital Private Equity II. Overall, the company is supposed to be worth €300 million.
[Gründerszene] (German)

About You exchanges shares vs. awareness

Hamburg-based e-commerce startup About You announces a media for equity deal: ProSiebenSat.1’s investment arm Seven Ventures and German Media Pool want to support the startup in touching ground in Austria and Switzerland. The amount stays undisclosed.
[Gründerszene] (German)

Bitmovin raises $10.3 million

Not exactly Germany, but close by: Austria-based video startup Bitmovin raises $10.4 million. The round was led by London-based Atomico. However, Chris Kaiser (former VP of Engineering at Netflix and YouTube), David Helgason (founder of Unity), Edward Kozel (former CTO of Cisco) joined the round, as well as existing investors Dawn Capital, Speedinvest, and Y Combinator.

Image: Some rights reserved by Georgie Pauwels