The news you shouldn’t miss this week
German court bans UberPOP
UberPOP is Uber’s peer-to-peer car sharing service and has faced legal problems in Germany ever since. However, this week Frankfurt’s court banned the service through out all Germany. In a statement received via email, Uber stated it will continue its UberPOP service in Frankfurt, Munich, Dusseldorf, Berlin and Hamburg. UberBlack and UberTaxi were not affected by the ban.
Glispa Gets $77 Million From Property/E-Commerce Firm Market Tech
Berlin mobile ad startup Glispa focuses on digital marketing and mobile ads was bootstrapped and long off the radar. Now, it picked up a $77 million investment from Market Tech Holdings, a UK-based business that focuses on property and e-commerce investment.
BMW invests in Wundercar
Hamburg-based Wundercar seems to close a deal with BMW. Wundercar, which is similar to Lyft or UberX/UberPOP, allows peer-to-peer ride sharing without a fixed price but a tipp instead. Neither of the companies wanted to comment.
[Manager Magazin] (German)
ProSiebenSat.1 takes 75% of erotic shop Amorelie, invests in Preis24, and buys Flaconi
The media company takes 75% of the erotic shop Amorelie. The other 25% stay with the founders Lea-Sophie Cramer and Sebastian Pollok. ProSiebenSat.1 also announced an investment into Preis24, and bought Flaconi.
[Gründerszene] (Amorelie), [Gründerszene] (Preis24), (German), [telecompaper] (Flaconi)
Axel Springer (among others) invests $3.5 million in A Plus
A Plus is a publishing project that was started about a year ago and now has about 50 million readers, which makes it larger than BuzzFeed. Now, a $3.5 million investment was announced. Investors include Kutcher and Guy Oseary’s Sound Ventures, A-list celebrities, SV Angel, Axel Springer, Gary Vaynerchuck, Venture 51, Richard Chen of Ceyuan Ventures, Social Starts, Norwest Venture Partners’ Jared Hyatt, and Babble co-founder Rufus Griscom.
Also in the News this Week:
Finleap starts its new Startup Valendo
Hitfox’s FinTech incubator Finleap starts the online pawn shop Valendo. The service focuses on small companies and freelancers, the website states. Besides Savedo and Billfront, Valendo is the third company being launched since Finleap’s start in Demember 2014.
Salonmeister expands to Austria and Switzerland
Starting on April 1st, 2015, Salonmeister.de will offer its platform to book appointments for hairdresser and other beauty services in Austria and Switzerland.
[Ecommerce News] (German)
Klaus Hommels invests in cooking service Marley Spoon
Klaus Hommels VC arm Lakestar will invest in Berlin-based Marley Spoon. According to the commercial register, Lakestar now holds 10% of Marley Spoon. Details of the deal were not disclosed.
Cleaner booking platform Book A Tiger raises seven-digit Euro amount
Berlin-Based Book A Tiger raised a seven-digit Euro amount. The round was led by Tamedia, a Swiss media company. Existing investors Target Ventures and Avala Capital joined the Series A round.
Tado Thermostat announces an API and IFTTT integration
€2 million for e-health startup Clue
Berlin-based e-health startup Clue has raised €2 million. The app lets women track their cycle. The investment comes from the Frensh Arnault Group, the pharma company Dr. Kade, Brigitte Mohn, as wells as SoundCloud founders Alexander Ljung and Eric Wahlforss.
Hem opens store in Berlin Kreuzberg
Hem, the furniture store founded by Fab founder Jason Goldberg, opens a flagship store in Berlin Kreuzberg on March 28th in Berlin Kreuzberg.
[INTERNET WORLD] (German)
Disclaimer: Axel Springer is shareholder of Vertical Media GmbH, the media house of VentureVillage. For more information visit www.vmpublishing.com