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The Good, the Bad, the News: This Week in Germany. Written by HEUREKA editorial on 8. January 2016


€5 million for Holidu

Holidu, the Munich-based HomeToGo competitor, raises a €5 million round. The Series A round is led by EQT ventures. Venture Stars, Senovo, and angel investors joined the round. The metasearch platform for holiday rentals was founded in July 2014 by brothers Johannes and Michael Siebers, and currently employs 20 people. The platform is available in English, German, French, Spanish, and Dutch.

Spreadshirts shuts down its factory in Leipzig

Leipzig-based clothing startup Spreadshirts is the city’s startup success story. The company lets clients design shirts and sweaters, and prints and delivers them. Having started in 2002, it delivered its products to 150 countries last year. Now, the company decided to close its factory in Leipzig. While the old factory became too small to meet the demand, Spreadshirts will now increase its investment in factories in Poland and the Czech Republic.
[Gründerszene] (German)

Peter Thiel invests in another German startup

Deposit Solution, the Hamburg-based mother company of ZINSPILOT, announces a €6.5 million investment. The round, that actually happened in September 2015 now got an add-on by PayPal co-founder Peter Thiel. The round was led by FinLab AG, a leading German fintech investor. Existing investors such as, which backed the startup as first institutional investor, and business angels Stefan Wiskemann, Stefan Glänzer and Christoph Linkwitz also joined the round. ZINSPILOT offers an open architecture platform for retail deposits in Europe.
[prnewswire] (press release), [Gründerszene] (German)

SoundCloud reorganizes its company structure

Eight years after having started its business, SoundCloud decided to lay off staff to restructure the company and embed a paid premium service. As a spokesperson explained to Gründerszene, SoundCloud lays off 15 – 20 staff members. However, new people will be hired. Unclear is, how many.
[Gründerszene] (German)

Moving startup Movinga raises €25 million

Berlin-based Movinga raises a €25 million strong Series B – just one year after it was founded. The investment comes from Index Ventures as well as exiting investors. In Q3 last year, Movinga announced two seven-figure funding rounds in which e.g. Earlybird Venture Capital, Heilemann Ventures, Global Founders Capital (Rocket Internet) and business angels such as Florian Heinemann (Project A Ventures) and Christian Vollmann (MyVideo) participated.
[pehub] (press release), [Gründerszene] (German)

GoButler shuts German office

Berlin-based concierge startup GoButler shuts down its operations in Germany. In New York where an automated software will answer the requests, the service will continue. Co-founder Jens Urbaniak and Maximilian Deilmann will leave the company, just as the last 20 employees that still worked at the Berlin office.
[Gründerszene] (German)

Travelcircus announces a €2 million round

Instead of asking where you want to go, Berlin-based Travelcircus asks where users live and when they would like to travel. Based on that, the website shows offers nearer and farer away. The two year old startup announces a €2 million round today. The investment comes from Trivago investor Howzat Partners, Tengelmann Ventures, and IBB Beteiligungsgesellschaft.
[Gründerszene] (German)

Blinkist announces €4 million investment

Berlin-based Blinkist offers short key messages of books. That way, the startup promises, readers can get the insights and learning of an entire book within 15 minutes. Now, the US-based VC Greycroft Partners, IBB, and invested €4million in the startup, that sees its main market in the United States.
[Gründerszene] (German)

POSpulse raises seven-digit figure

Berlin-based POS (Point of Sale) analytics startup POSpulse announces a Series A round. The seven-digit amount came from Medien Union GmbH, Drillisch AG as well as business angels. The investment will be used to grow business in Germany, Austria and Switzerland before expanding to other international markets. Also, the company works on its own marketing research and analytics technique.
[Gründerszene] (German)

Seedround for LifeTime

Hamburg-based LifeTime offers an app that lets user save their personal health data on their phones. That includes diagnoses, radiographs or medical lists. Now, HTGF, Innovationsstarter Fonds Hamburg as well as a group of doctors, business men and lawyers invested a seven-digit figure.
[Gründerszene] (German)
Image: Some rights reserved by Georgie Pauwels