qLearning raises seven-digit Euro amount, Lamudi receives a €16 million funding, Metro and Techstars team up.
qLearning raises low seven-digit Euro amount and focuses on growth
qLearning, the Berlin-based mobile studying app for iOS and Android, has raised a low seven-digit amount from VC Senovo and IBB, and former investors M-Investar, K5 and hub:raum, the incubator of Deutsche Telekom. The amount of shares given in exchange was not disclosed. The investment will be used to geographically expand qLearning’s business, most likely to the U.S.
Rocket’s Lamudi raises €16 million to grow in Asia and Latin America
Rocket Internet’s real estate network Lamudi has raised € 16 million in investment to grow its operations in Asia and Latin America. Three investors have backed the business: Asia Pacific Internet Group which is a joint venture of Rocket Internet and Ooredoo; Holtzbrinck Ventures, the investment arm of the German publishing group; and current investor Tengelmann Ventures, a division of international multi-sector retailer Tengelmann Group.
METRO and Techstarts start as Techstars Metro Accelerator in Berlin
METRO and Techstars are joining forces to support innovative hospitality startups. The newly launched Techstars METRO Accelerator focusses on companies that offer innovative technology applications for the restaurant, hotel and catering industries. Mentors and experts will support the startups for three months to advance their business. Techstars METRO Accelerator is the first global program focused on technology applications for the hospitality sector. International digital agency R/GA will supplement both partners’ knowhow at the Techstars METRO Accelerator in Berlin. Application deadline is the end of April 2015. The program will be repeated in 2016 and 2017.