Today in Germany: hem, Startup Europe Summit, Number26, Graylog, Fairrank.

Screen Shot 2015-02-04 at 18.06.39
Screen Shot 2015-02-04 at 18.06.39

Hem has acquired, Fairrank got acquired, Graylog has raised $2.5 million, and Number26’s app is great, but its card leaves room for improvement.


Hem, Jason Goldberg’s Pivot From Fab, Is Buying Design Business, 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.

Startup Europe Summit In Berlin To Feature Key Players

This February, a new pop up conference will take place. The Startup Europe Summit takes place in Berlin from 2/12 – 2/13.

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.
[Gründerszene] (German)

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.


Image: Hem Screenshot