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Today in Germany: DreamCheaper, Spotcap, Pearlfection, Farfetch Written by Felicitas Hackmann on 23. March 2015

Meet DreamCheaper, fresh money for Rocket’s Spotcap, Pearlfection shuts down, Farfetch launches in Germany.


Screenshot DreamCheaper

Meet DreamCheaper

DreamCheaper wants to let users book cheaper hotel rooms. The startup users can save about 15 % less. How and why? TechCrunch knows.

€5 million for Spotcap

Rocket Internet’s FinTech startup Spotcap, an online credit platform, has raised €5 million from Kreos Capital, Europe’s largest provider of growth debt to high-growth companies. Just last October, Spotcap announced a €14 million funding from Access Industries and Holtzbrinck Ventures.

Pearlfection shuts down

The idea to mass-produce individual jewelry didn’t work out for Pearlfection: the startup, that started 2008 in Munich, now has to file for bankruptcy.
[Gründerszene] (German)

London’s fashion marketplace Farfetch launches in Germany

With a validation of over a billion though not being profitable yet, the high-end fashion marketplace from London starts in Germany. In the beginning of this month it raised a Series E round ($86 million) from, DST Global, Vitruvian Partners and Condé Nast.
[Gründerszene] (German)