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


Here is what happened this week in Germany’s startup industry.


Funding Rounds/Exits/IPOs/That kind of News

Bookingkit receives seed funding

Bookingkit announces today a six-figure seed funding round led by High-Tech Gründerfonds und business angel Robert Kabs. Founded in 2014, the Berlin-based startup provides a web-based software solution for leisure activity providers. The founders want to use the investment to strength both sales and the product.
[finsmes] , [Gründerszene] (German)

Highland Capital invests in

Highland Capital is known for its investments in Outfittery and Wooga. Now, it has invested millions in the comparison portal
[unquote], [Gründerszene] (German)

6-digit investment for Leinentausch

Berlin-based Leinentausch connects dog sitters and dog owners. It received a 6-digit investment by the publishing house Forum Media Group. In exchange, the investor receives about 25% of equity.
[Gründerszene] (German)



EatFirst and Bonativo Receive Fresh Funding

Rocket Internet ventures EatFirst and Bonativo receive investment from Holtzbrinck und Tengelmann Ventures.
[Gründerszene] (German)

Axel Springer invests in Business Insider

The U.S.-based business news website Business Insider receives $25 million from investors such as Amazon CEO Jeff Bezos and Axel Springer.
[bloomberg], [Gründerszene] (German)

Bremen-based Kuenstlerstadt receives funding

Online marketplace Kuenstlerstadt wants to help small artists market themselves. The startup has received seven-digit funding to bring the business out of its beta phase.
[Gründerszene] (German)


Exploring EyeEm’s “Missions”

EyeEm’s “Missions” are a way for brands to crowdsource images from the EyeEm community. However, rather than being an initiative that has users deterred by brand involvement, EyeEm is seeing some impressive engagement numbers.

EyeEm News II: EyeEm announces two key hires to further develop visual search engine

Besides EyeEm’s Head of Product, also the Berlin-based startup’s Communication Director was previously working for Yahoo. Here comes the next one: EyeEm hires Sriram J. Sathish, Senior Product Manager at Yahoo. Along with him, Harsimrat Sandhawalia, previously a robotics engineer at Carnegie Mellon University, has joined the team to work on a unique search platform.

Number26 launches in Germany and Austria

Opening a banking account has never been so easy. While you usually have to show up in person, Number26 does the identification process over a video call. Besides the easy registration process, you will also find a great UI. On top, the account is for free and customers can access every ATM worldwide with the Number26 MasterCard (that works as a debit card) for free.
[TechCrunch], background: [VentureVillage]

Rocket Internet’s Lamudi expands in Afrika and the Middle East

Th real estate network Lamudi expands its presence in Africa and the Middle East, adding Qatar, Gabon, Angola and the Republic of Congo it its list. Including them the company’s portfolio now covers 32 countries across Asia, Africa, the Middle East and Latin America.

Babbel opens office in NYC

With over 300 employees based in Berlin, the language learning software Babbel, founded in 2007, seems to be doing well. To enter the U.S. market will now open an office in NYC.
[businesswire], background: [Gründerszene] (German)

Monoqi Buys Up The Old Assets Of Mydeco To Scale Up In The UK

Monoqi, a curated design market has recently entered the UK market. To boost its present, it bought the assets of the former online furniture marketplace MyDeco, a competitor with the original in the UK.

German startup will help to build an ecosystem for the private space sector in India

Up for rocket science? Small satellite developer Dhruva Space and German start-up Berlin Space Technologies have signed a memorandum of understanding to set up India’s first commercial small satellites manufacturing facility in Q1 in 2016. It is hoped to be more than just a factory – goal is to build an ecosystem for the private space sector.

Incubators, Accelerators,…

Axel Springer Plug and Play Demoday

The fifth round of the Axel Springer Accelerator pitched in front of investors this week. During the break the audience discussed the business cases which it found overall rather insufficient.


Media residency program “Berlin Capital Region – New York” 2015 Kicks Off

Four fellowship recipients have been selected for the new Medienboard-funded “Berlin Capital Region – New York” media residency program, which enables participants to spend three months working on the far side of the ocean while getting to know the other location. Two New York digital-media professionals will come to Berlin-Brandenburg between April and June, while two representatives of Germany’s capital region will make a parallel trip to the Big Apple.



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