The week flew by. Here are the most important startup news from Germany. Prepare for the startup small talk and have a good weekend!
Apple acquired augmented reality startup Metaio
Munich-based Metaio launched in 2003 as an offshoot of a Volkswagen project. Legal documents show that last week (May 21/22), Apple acquired the augmented reality startup. As often when Apple goes shopping, both parties decided to not comment on the price tag.
ProSiebenSat.1 acquires RapidApe
The Berlin-based Adtech startup RapidApe was acquired by the German mass media company ProSiebenSat.1. RapidApe analyses and monitores the success of TV campaigns to understand the relationship between TV and web. The tool will in the future also be used by P7S1′s portfolio e-commerce ventures. Details of the deal remain undisclosed.
French car sharing service Drivy acquires Autonetzer
The Stuttgart-based private car sharing startup Autonetzer, which is the leading one in this sector, got acquired by its French competitor Drivy. However, Autonetzer’s staff will not join the Drivy team. Details of the deal remain undisclosed.
Applift acquires Bidstalk from Singapur
After acquiring Appiris in February, the mobile marketing platform Applift now bought the mobile white label ad platform Bidstalk from Singapur. Together with the 40 people strong new team, Applift now grew to 200 employees. As you can guess today: Details of the deal remain undisclosed.
Peter Thiel’s Venture fund Valar Ventures invests in Granify
Granify announces a $7 million Series A round led by Peter Thiel’s Venture fund Valar Ventures. Existing investors such as iNovia Capital, Social Starts and many known business angels also joined the round. The new investment will be used to expand. A first international office will open in Hamburg.
The Canada-based startup offers technology to e-commerce shops that analyses user behavior in real time to identify who is most likely not to shop – and tries to change their minds.
Venture Stars secures €15 million fund
Munich-based company builder Venture Stars closes its first fund. Investors include “a selected circle of private investors and family offices” that prefer not to be named. The fund focusses on digital business models in e-commerce, online marketplaces and in e-services. Some investments have already been made. According to the company, it invested a seven-digit amount in the online flower shop Miflora, an online shop for pet supply, and also in the online sport retailer Vaola.
After being acquired by Rocket Internet, Volo rebrands to Foodora
Having launched in fall 2014, it didn’t take long until Rocket Internet acquired the Munich-based food delivery startup Volo this spring. Now, it announces to rebrand to Foodora. The idea behind the startup, however, stays the same: It delivers food from restaurants that don’t offer a delivery service themselves. By now, the service expanded from Munich to Berlin, Frankfurt, Cologne, Dusseldorf and Hamburg.
Series A for caravan booking platform Campanda.de
Berlin-based Caravan booking platform campanda.de announces a €5 million Series A round led by EcoMobility Ventures. Existing investors Atlantic Labs (Christophe F. Maire) and b-to-v joined the round as well as new investors Idinvest Partners, Ringier Digital Ventures AG, Accel Partners and Groupe Arnault.
After launching in 2013, Campanda.de now claims to be the largest online booking platform for caravans with over 21,000 vehicles in 32 countries.
Zalando to open tech hub in Helsinki
Zalando goes North. After announcing a Zalando office with about 200 new employees in Dublin, Ireland, Zalando stated to also open an office in Finland’s capital Helsinki. The first candidates for jobs in the area of customer-facing products (app development, user experience, design,…) have already been interviewed. Zalando wants to hire about 50 people in the first year but double the number in the future.
Rocket Internet’s FinTech startup Spotcap launches in Australia
From Berlin to Down Under: Though being based in Berlin, Rocket’s online credit platform Spotcap does not operate in Germany. Instead it launched in Spain (fall 2014), later on in the Netherlands (spring 2015), and today in Australia. Spotcap provides short term credit lines and loans to small business owners. It is backed by Rocket Internet, Kreos Capital, Access Industries, and Holtzbrinck which overall invested about €18 million since last fall.