17. July 2012–
There's always plenty of moving and shaking in Berlin. Here are a few of the German- and internationally-relevant stories we're picking out today:
Wrapp Clone DropGifts closes seven-digit round
Rocket Internet’s social gifting service DropGifts is increasing the pressure on the Swedish startup - with a bit of help from T-Venture, the VC investment arm of telco giant Deutsche Telekom. The financing round – which also includes eVenture Capital Partners and New Enterprise Associates – is worth a seven-digit figure. Read more on Silicon Allee. For related reading, try: Wrapp races Rocket’s DropGifts to the US
eVenture Capital Partners rebrands, comes under global umbrella
Berlin-based eVenture Capital Partners, an investor in Kaufda, Friendsurance and 9flats among others, will now be known as e.Ventures Europe, as parent investment firm BV Capital brings all five of its branches together as global platform e.Ventures. Read more on VentureBeat and check out the very nice infographic summary of the new platform on Gruenderszene (75 portfolio companies in 10 countries, $750m under management etc)
mysportgroup.de raises Series B €13.5m, plans expansion
The Berlin-based startup mysportgroup raised €13.5m in its Series B financing round led by international investors Nauta Capital from Barcelona, Luxembourg based Cipio Partners and supported by previous investors XAnge Private Equity, IBB and Grazia Equity. Read more on EU Startups.
AWD founder Carsten Maschmeyer invests double-digit million in Papagei.tv
After investing a seven-figure sum in Berlin-based "iTunes for China" 88tc88 and at least a million in Berlin restaurant payment startup Orderbird, Carsten Maschmeyer - the man behind German financial services giant AWD - is turning his attention to education and entertainment mash-up Papagei.TV. Deutsche Startups reports an eight-figure investment in the Hanover-based platform, which lets you learn languages through video clips.