Here is what happened this week in Germany’s startup industry.
Funding Rounds/Exits/IPOs/That kind of News
Rocket Internet gets 30% stake in Delivery Hero for €496 million
The Delivery Hero stake is valued at €496 million. With this investment, Rocket Internet now has food delivery businesses in 39 countries.
Also, Rocket Internet now owns 52% of Hello Fresh
Rocket Internet also invested €110 million in Hello Fresh, the Berlin-based startup that delivers meal kits and recipes to subscribers. Rocket now owns 52 % of that company, which it originally incubated back in 2011.
And: Rocket invested in Bonativo and EatFirst
Update: Gründerszene found out that Bonativo has raised €3.2 million, €800,000 came from Rocket Internet. Tengelmann is the only investor known to also have invested. EatFirst raised about €5 million. In this case, Rocket Internet invested €500,000 and –probably Holtzbrinck– invested the other €4.5 million.
Windeln.de is preparing a stock market listing – 2 sources familiar with the deal report
Windeln.de sells baby food, children’s clothing and toys. In January the startup, which was founded in 2010, raised €45 million from Goldman Sachs, Deutsche Bank, DN Capital, MCI Management and 360 Capital Partners. Two sources report, that windeln.de plans an IPO, which could take place as early as the first half of 2015. Windeln.de and the banks decided not comment.
Airbnb clone Wimdu closes a Media For Equity deal for TV commercials in Spain and Italy
The Italian media company Mediaset invested several million in Rocket Internet’s Wimdu in form of a Media For Equity deal. It will be used for growth in Spain and Italy.
(via mail), Background: [Gründerszene] (German)
Pflegebox raises another seven-digit amount
The home care subscription box Pflegebox has raised a second seven-digit amount within eight months. Investors, in both cases, are IBB Beteiligungsgesellschaft, the mail-order business Klingel, Yabeo Capital, as well as private investors, e.g. Susanne Porsche. The investment will be used to expand the business.
Meetrics raised seven-digit amount
Berlin’s AdTech-Startup Meetrics wants to continue to grow in its existing markets (UK, USA, France). Former investors (NWZ Digital, Nordwest-Mediengruppe, IBB Beteiligungsgesellschaft) and new ones (Yabeo Capital and private investors) support that idea and invest a seven-digit amount. Meetrics helps to increase the quality and effect of advertising campaigns and editorial content.
GPredictive raises €2.5 million
Munich-based VC Target Partners announced a €2.5 million Series A investment in GPredictive. The Hamburg company analyzes customer data for enterprises and predicts the future behavior of customers, enabling businesses to achieve a more accurate marketing and sales alignment. GPredictive offers analytics as software-as-a-service, thus eliminating the need for companies to have large IT departments, specialized knowledge or incur investment costs. The investment will be used for product development and the expansion of sales activities.
Graylog Inc raises $2.5 million
Graylog is an open source log analysis platform provider. The $2.5 million round is led by the Mercury Fund. The other investors were Crosslink Capital, Draper Associates and High-Tech Gründerfonds. Also, Graylog has appointed Aziz Gilani, a partner at the Mercury Fund, to its board of directors.
seven-digit amount exit for Fairrank
Cologne-based Fairrank was acquired by Nuremberg’s yellow pages publisher Müller Medien for a seven-digit amount.
Intel buys German smart home business Lantiq for reported $280 million
Lantiq, based in Munich, provides semiconductor solutions deployed by major carriers and found in home networks in every region of the world, according to CrunchBase. It has over 2,000 patents for hardware used on more than 100 global operators and was now acquired by Intel.
Giga Digital acquires KaiserGames (the games, not the company)
Giga Digital acquires all game platforms from KaiserGames. These include e.g. Spielaffe.de, Spielzwerg.de and the international platform games1.com. The company “KaiserGames”, which is based in Cologne, itself is however not part of the deal. Financial details have not been shared.
Omnicom DAS Group acquires German digital transformation agency TLGG
Torben, Lucie und die gelbe Gefahr (TLGG) can name many big clients such as Lufthansa, Astra, and Spotify. The Berlin-based company has now been acquired by Omnicom DAS Group. “TLGG is unique as an innovative digital change management company, and they bring tremendous insight to their clients,” says Dale Adams, chairman and chief executive of DAS.
TodayTickets gets acquired by Ticketea
“Yes, we are always looking for new opportunities, and if you find a great team and a great product, acquisitions are always a good option to seed up the process of entering a new market,” says co-founder and CEO of Ticketea Javier Andres. The Spanish based ticketing system acquired Berlin-based TodayTickets for an undisclosed amount.
As Gründerszene reports, the founding team of TodayTickets stopped working on the project last year and was looking for a buyer since August 2014. The two main issues TodayTickets faced were a difficult market environment and a missing series A round.
[TechCrunch], [Gründerszene] (German)
Publishing house Burda acquires ShopLove
To increase the monetization of its digital content BurdaIntermedia bought the product recommendation and advertising platform ShopLove. It will work together with Burda’s Edelight. The team will now be lead by ShopLove’s founders Hendrik Braun and Timo Trump. All ShopLove employees will stay with the company. The price was not disclosed.
Affiliate-Deals takes over its largest competitor 100partnerprogramme.de
The affiliate platform Affiliate-Deals acquires 100partnerprogramme.de. In addition with the 100partnerprogramme.de, Affiliate-Deals and Affiliate-People will start with a new parent company called Super Affiliate Network GmbH. Financial details about the deal were not shared.
Hem, Jason Goldberg’s Pivot From Fab, Is Buying Design Business Discipline.eu
Disclipline.eu, an Italy-based startup, seems to be the fourth acquisition Goldberg made. The startup produces and sells a small line of furniture and other objects designed by independent studios. Also, it focusses on natural materials and slick and modern pieces.
GreenAlley is open for applications again
This is the problem Online Banking Account Number26 has with its card
Last week, the Berlin-based online bank account Number26 launched. According to the startup, it is Europe’s most modern checking account. While that may be the case for its iOS and android app, the plastic card that comes with it is not.
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