Today in Germany: Shell Technology invests, Factory expands

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Shell Technology invests in Tiramizoo

The Munich-based same day delivery service Tiramizoo announced a new investment round. The round was led by Shell Technology Ventures with participation from existing backers Daimler, DPD, Bayrische Beteiligungsgeschsellschaft and Bayern Kapital. Tiramizoo’s co-founder Michael Löhr explained that 59 per cent of the startup are now in corporate hands; he did not share the size of the current investment round. Tiramizoo only has a few drivers and mostly connects businesses with couriers.
[Gründerszene] (German)

Factory raises 1 million euros

A 1 million euro investment round led by Round Hill Capital, 500 Startups and Elkstone Capital will help Factory, the Berlin-based co-working space and startup community, expand to Lisbon. Factory (Berlin) was once known for its large campus at Bernauer Straße in Berlin, which has hosted companies, such as SoundCloud and Google. However, when Factory’s two co-founders went separate ways, the Factory team sold its assets and contracts associated with Factory Berlin in 2015. One of the co-founders, Simon Schaefer, went on to build the new co-working place (now called Silicon Allee, the formerly acquired startup blog). Christian Reber of 6Wunderkinder and the Company Builder Makers also participated in the round.
[TechCrunch], [Gründerszene] (German)

Photo credit: @lattefarsan via VisualHunt / CC BY-SA

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