Berlin’s biggest financing rounds in 2011


In the past year, strong funds were fed into Berlin’s online economy as start-ups rejoiced from investors’ millions. The Airbnb clone Wimdu scored a record sum of 90 million U.S. dollars while game developer Wooga was boosted by 24 million U.S. dollars. We take a look at which investors cut companies a slice of the big bucks.


Wimdu: Record €63 million

In June, Samwer start-up Wimdu, received a round of funding of 90 million U.S dollars. With a record cash injection from existing investors Investment AB Kinnevik and Rocket Internet, the online platform for private accommodation became equipped for the race with competitors Airbnb and 9flats.

Wooga: Over €17 million

In May, Berlin-based developer of social games Wooga, received a lavish investment of more than 24 million U.S. dollars. The inflow of capital stemmed from a Series B financing round, out of the pockets of lead investor Highland Capital Partners, with Tenaya Capital and  existing backers Holtzbrinck Ventures and Balderton Capital.

Lieferheld and Delivery Hero: €8 million

The Moscow-based Ru-Net and Kite Ventures lead an investment round in November for German-based online food-delivery service;Lieferheld and growing international platform Delivery HeroTeam Europe  and Point Nine Capital also chipped in as co-investors.

Madvertise: Close to €8 million

For its desired expansion into the mobile advertising marketplace, Madvertise received a strong injection of ten million U.S. dollars from U.S. investors Blumberg Capital and Berlin-based investor Earlybird in October.

Searchmetrics: €5 million

Supplier of search analytics software Searchmetrics closed a financing round in January of more than five million euros with Paris-growth capital fund Iris Capital, alongside existing investors Holtzbrinck Digital and Neuhaus Partners.

Lieferando: €4 million

In July, the KfW Banking Group joined Lieferando’s existing investors DuMont VentureMoraún and Mountain Super Angel in a four million euro boost. The online- food delivery platform’s new funds keep market competitors like and Lieferheld in check.

Smava: €4 million

In October, credit-happy marketplace Smava scored an investment of four million euros to help it expand across Europe. Participating in the financing round was Italy’s largest private bank Banca Sella and existing investors Earlybird and Neuhaus Partners.

DaWanda: €4 million

Just in time for its five-year anniversary, DaWanda received a cash injection of more than four million euros from its new partner Vorwerk Ventures and British investor Piton Capital. The boost is hoped to give Berlin’s online marketplace a push into expanding its international activities and establishing overseas offices.

SponsorPay: € 3.8 million

In June, virtual currency monetization platform SponsorPay raised five million U.S dollars in a ‘Series A’ funding from Hasso Plattno Ventures, Moscow’s Kite Ventures, and existing backers Team Europe.

6Wunderkinder: Over €3 million

In November, Berlin-based startup 6Wunderkinder collected 4.2 million U.S. dollars for its upcoming productivity software Wunderkit. The cash injection was led by Skype founder Niklas Zennstrom’s London investment group Atomico.

Assisted by Elaine Jung

Image credit: Flickr user Images_of_Money