This Week in Germany: Funding, IPOs, Startup & Accelerator News. And One More Thing.



Here’s what happened this week in Berlin:

Funding Rounds/Exits/IPOs/That kind of News

Urbanara receives € 1 million funding

As Bergfürst announces, Berlin-based URBANARA has raised over €1 million from old and new investors and banks. Read more on Bergfürst’s blog (German)

ImmobilienScout24 buys Cologne-based Flowfact

The real estate marketplace ImmobilienScout24 buys the CRM software company Flowfact. Details of the deal were not disclosed. However, it was stated that Flowfact will continue to act independently. Read more on Internet World (German)

Seven-Digit Euro Round for Eyeglass24

Munich-based Eyeglass24 announced fresh funding. Besides existing investors (SevenVentures, Whitestone Communication Networks as well as different business angels), BayBG Bayerische Beteiligungsgesellschaft and  Schlüssel Family Office joined the round. The funding will be used for distribution and marketing.  Read more on onlinehaendler-news (German).

Seven-Digit Round in Cash und Media für Passt24

DvH Ventures invests in the insurance marketplace Passt24. The investment includes Cash as well as media budget in the German economy newspaper Handelsblatt. Read more on Gründerszene (German) receives close to €1 million in funding

Berlin-based is a startup that wants to help you open doors without a key. It has received €800,000 in funding from the ProFit-Program, an initiative of the Investitionsbank Berlin (IBB), and over €150,000 from a program led by the German Federal Ministry of Economics and Technology. Read more on Gründerszene (German)


Stuffle launches Web App to open up to more users

Hamburg’s until now mobile only marketplace Stuffle launched its web app. “We already reach many people with our Android and iOS apps,” says Mark Jäger, CPO at Stuffle. “However, we understand that we can address an even broader audience with offering a web app.” While the mobile apps offer to browse items near by, the web app also allows user to change the location – a feature that was often requested. Until now, new offers can only be posted with a smartphone, it was mentioned that it will be available to the web users in the future as well.

Catching up with Infarm

In May, we spoke to Infarm about its goal to make high quality food available for everbody. After its Indiegogo campaign with which the Kreuzberg based startup raised €25,000 (the goal was €15,000), it got not only a lot of media coverage but also attracted the interest of players in the food industry. Read the full story on VentureVillage

SoundCloud signed a deal with Warner Music

“[…] It is yet to be seen what the consequences will mean for SoundCloud and its artists and listeners in the long run. We have seen many startups beginning with a peer-to-peer model that later ended up being a “big players to peers” model, e.g. eBay. The biggest fear is that with the big players coming in could take over the main advertising and maybe even editorial space. They are still the ones in power. The hope is that the music industry sees the value it can earn with a fair agreement with SoundCloud – and that SoundCloud keeps its head up and knows its value.” Read the full story on VentureVillage

New Capital for Rocket’s cleaning service startup Helpling

Lukasz Gadowski, CEO at Team Europe and co-founder & Venture-Partner at Point Nine Capital, invests and joins Rocket’s cleaning service platform Helpling. According to rumors, it will be a seven digit amount. Gadowski will however also join the company and support with his experience. Read more on Gründerszene (German)

How ParkTAG Wants To End the Frustration Around Finding A Parking Space

“Basically, we take the sensor information that is generated by the gyroscope, accelerometer, and all different kinds of sensors in the phone. We use that to detect what you are doing. So, we can tell if you are searching for parking. We can tell if you have parked. We can even predict that you are about to vacate a parking space or if you already have vacated. We can use that information to share it between users of our system. It is a crowdsourcing concept, where users help users by notifying them that there is a free parking space somewhere very soon.” Read the full interview with ParkTAG onVentureVillage

BRDGE, Tinder for business networking, launched at Dublin Web Summit

BRDGE works just like Tinder but with a business approach and therefor with a Xing or LinkedIn connection. In the long run the startup based in Frankfurt wants to become a digital business card. To start right, the product launched at the Dublin Web Summit. Read the full interview on Location Insider (German)

Rocket Internet’s New Startup ZipJet Will Do Your Laundry

ZipJet, a new startup from Rocket Internet, launches in London today. The startup founded by Damian Kastil and Marco Sperling promises to pick up your dirty laundry and return it clean to you wherever and whenever. Service orders are made via its Android and iOS app, and the process from dirty to clean clothing should take 24 hours or less. Read more on VentureVillage

Uber pays UberPop Drivers €8 extra

As WirtschaftsWoche reports, Uber pays an additional €8 to its UberPop drivers in Dusseldorf. Read more on WirtschaftsWoche (German)

Incubators, Accelerators,…

French VC Ventech opens office in Munich

Ventech, VC for more than 15 years, announced it will open an office in Munich. The VC company likes to invest in the Information Technology sector. Previous investments are found in hardware/connected devices companies (e.g. Withings), consumer internet startups (e. g. TVSmiles), software companies (Saas B2b, e.g. Bonitasoft), the e-commerce/mass-customization space (Picanova) and in fashion (Vestiaire Collective). With a total of more than €400 million raised, Ventech states it mostly joins Series A or B rounds, investing between €1–5 million.

With its new office in Munich, Ventech wants to concentrate on German based startups now.

Google supports German students program with robots

Working together with the IT institution Fraunhofer IAIS, has invested €1 million to create a new program that can make programming robots easier. The project titled Open Roberta is meant to encourage kids to code using programmable robots. Read more on The Next Web

German Press Agency dpa plans an accelerator for media startups in Hamburg

The German Press Agency dpa wants to start an accelerator for innovative media startups together with German publishers. An example of this model is already in place in San Francisco. Read more on Gründerszene (German)

Best three European energy startups awarded at Idea Challenge

EIT ICT Labs, a pan-European education and research-based innovation organisation, announces three winners in the categorie Smart Energy Systems at the Smart Energy Community conference. Besides NNGC from England (1st place, won €40,000), ICE Gateway (2nd place, won €25,000) and Easy Smart Grid (3rd place, won €15,000), both from Germany, convinced the jury. Read more on the startup and the Idea Challenge in EIT ICT’s post


 New German data law could impact U.S. tech firms

Germany is debating a law that would require companies to reveal source code and other information. This may bind U.S. and German tech companies that will not be able to keep  their promise of data privacy when the government requests access. Read more on Gigaom

Heather Morgan’s 5 tips on writing perfect cold emails

Heather Morgan, CEO of Salesfolk, helps tech companies and startups to optimize their copy and email campaigns to accelerate their sales. For VentureVillage Heather sat down and put down five tips on writing perfect cold emails. Read more on VentureVillage



WHERE THE HECK IS…? Did we miss something? Let us know in the comments below! 

Have news to share? Drop us a line at!


Image: Felicitas Hackmann