Today in Germany: Nu3, Tape.tv

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people-enjoying-rock-concert-with-heartshape-hand-gesture

Tape.tv announces bankruptcy

When the Berlin-based music tv startup tape.tv started in 2008, the company aimed to provide the benefits MTV once did. Turns out it was not as easy as they hoped. The startup changed its business model several times, but was unable to out compete companies like Spotify and YouTube. The startup did not provide any additional comment or details.
[Gründerszene] (German)

Nu3 raises several million euros

Nu3, a Berlin-based super food and dietary supplement startup, was recently in the news after laying off employees. But on Monday the company announced a new round of funding from an unknown investor. The amount was not disclosed, although it is is said to be “several million euros.” Previous investors included Lakestar, Projekt A and Carsten Maschmeyer, a well-known German business man.
[Gründerszene] (German)

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