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The Good, The Bad, The News: This Week in Germany Written by HEUREKA editorial on 31. July 2015

With the weekend ahead, we’ve put together the most important news from the past week for you to stay on top of what happened in the German startup scene.


Cleaner booking platform raises another seven-digit investment

Berlin-based cleaner booking platform Book A Tiger announced another seven-digit investment from existing and new investors. After the US competitor Homejoy, that pioneered in this field, just recently had to shut down, Book A Tiger now acquired Homejoy’s clients and cleaner. The investment will be used to expand the business throughout Europe.

Rocket Internet’s beauty service platform raises €15 million

Berlin-based Vaniday lets customers book beauty services such as wellness or hair dresser appointments. Another known German startup that was acquired by the UK competitor Wahanda is Salonmeister. Vaniday is already active in São Paulo, Milan, Rom, Paris, London and Dubai. The €15 million round came from Rocket Internet and other investors who’s names have not been shared.
[Gründerszene] (German)

Ashton Kutcher and others invest $8 million in GoButler

Berlin-based SMS concierge service GoButler raised a $8 million Series A round. The round was led by General Catalyst Partners. Lakestar, Rocket Internet’s Global Founders Capital, Slow Ventures, BoxGroup, Ashton Kutcher and Guy Oseary’s Sound Ventures, and Cherry Ventures also joined. The service, than ran in Beta until now, does not operate fully across the United States, Canada, the United Kingdom, Germany, Austria and Switzerland, the company stated.

ProSiebenSat.1 wants majority of

ProSiebenSat.1 , who already holds 25 percent of multiscreen video, now wants to increase its shares into 80 percent. However, the federal cartel office still has to approve the request.
[Gründerszene] (German)

Axel Springer and ProSiebenSat.1 want to cooperate to support startups

The media publishing houses Axel Springer and ProSiebenSat.1 have a history in investing in startup – until now: individually. As they state, they decided to join forces. Besides investments, cooperations in the incubator and accelerator networks as well as media-for-equity deals are planned.
[], [Gründerszene] (German)

Carspring raises €3 million

Rocket Internet’s second hand car selling portal Carspring raises €3 million from an unknown investor. Though other details have not been shared, it seems it was an angel investor and not a VC.
[Gründerszene] (German)

Early Bird raises sixth fund

Berlin-based VC Earlybird announces a sixth fond with a size of at least €150 million. Towards to the German newspaper FAZ, Earlybird co founder Henrik Brandis mentioned that negotiations are on-going. He also stated that the size will not be smaller than the last fond, which was worth €150 million. While 60 percent of the last fond have already been spend, Earlybird plans to invest what is left within the next six to 12 month.
[Gründerszene] (German)

HelloFresh opens warehouse in the Bay Area

Different to other Rocket Internet ventures, food delivery service Hello Fresh operates in the US. Besides a storage warehouse near New York City, a new one will open in the Bay Area soon. The 109,594-square-foot freezer storage warehouse is in Richmond, California. 50 people will be re-located and 50 new employees will start “soon”. An exact date was not shared.
[exitingcommerce] (German), [San Francisco Business Times]

Yahoo quietly acquired Media Group One

TechCrunch claims to have found out that Yahoo acquired Munich-based Media Group One for $23 million. The deal was mentioned late last year, but details were never shared. Media Group One sells and syndicates advertisement, but also organizes content from them into three German magazines. Another devision is SnackTV, a video network.

Commerzbank invests in credit platform Iwoca

The credit platform Iwoca raised €20 million. The round was led by Commerz Bank’s Venture CommerzVentures and Munich-based Acton Capital Partners. Existing investors Redline Capital and series founder Felix Haas also joined. Previously, Rocket Internet invested.
[Gründerszene] (German)
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