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The Good, the Bad, the News: This Week in Germany. Written by Felicitas Hackmann on 18. March 2016

Soundcloud signs deal with Sony

Rumors have it that after Warner and Universal, Berlin-based music streaming startup SoundCloud also got a licensing deal signed with Sony. As part of the deal, Sony Music also gets equity from SoundCloud. In return, the startup gets access to artist such as Beyoncé, Foo Fighters, and Justin Timberlake. However, SoundCloud declined to “comment on rumors.” Sony Music did not respond to a request for comment as of Friday afternoon.

€4 million for Stocard

Mannheim-based Stocard offers a mobile wallet app that lets user place all their loyalty cards in one package. Now, Shortcut Ventures and the photo service Cewe invested an overall amount of €4 million.
[Gründerszene] (German)

High Mobility raises seed round

Berlin-based connected car start-up High Mobility announced a 7-digit seed funding round yesterday. The investment came from business angels such as Fabian von Kuenheim. IBB Beteiligungsgesellschaft participated as a second investor in this round. High Mobility’s software platform lets cars connect to its surrounding, e.g. allows keyless access control, personalized setting, or parking payment.

€65 million exit for Munich-based software company

When it comes to funding rounds, we often hear they are based in Berlin. But when it comes to really large exits, they are often found in Munich. Like this one: Australia-based Aconex buys Conjects, which offers software and services for constructional and real estate management, for €65 million.
[theaustralian], [Gründerszene] (German)

€6 million for Distribusion

Berlin-based tech travel platform Distribusion raised €6 million. The platform lets travel companies and travel search engines sells intercity bus tickets. The investment comes from Northzone, Creandum, and HR Ventures. Existing investor Frühphasenfonds Brandenburg, along with travel industry-related angels, also joined the round.
[TechCrunch], [Gründerszene] (German)

Buying Show is ‘this close’ to raise its seed round

Markus Fuhrmann, co-founder of well-known Delivery Hero, founded Buying Show just four month ago. The startup aims to connect “the best brands and retailers across the world”. As Gründerszene found out, Buying Show is currently raising its seed round.
[Gründerszene] (German)

Crowdfox closes €5 million round

Crowdfox wants to stay fee free for retailer and be about 10 per cent cheaper for customers than Amazon. The startup is based in Cologne and was founded in 2012. Today, it announces a €5 million seed round from privat investors.
[Gründerzene] (German)

Civey raises €1.2 million

Berlin-based representative survey startup Civey receives a second investment from IBB Beteiligungsgesellschaft. After having raised €500,000 last September, this time the startup raised over twice as much: €1.2 million.
[Gründerszene] (German)

Twago acquires Spanish competitor

Berlin-based freelancer platform Twago has worked for seven years in its field. Now, it acquired its Spanish competitor Adtriboo. Details stay undisclosed.
[Gründerszene] (German)

Google adds MyTaxi to Maps

Booking an Uber has been part of GoogleMaps for a while. Now, the German taxi order app MyTaxi is integrated as well. Users will have to have the MyTaxi app on their phone when booking a trip through GoogleMaps. Besides the Hamburg-based startup, 99Taxis in Brazil, Hailo in the U.K and Spain, and Gett in the UK were added to the navigation tool.
[techpp], [Gründerszene] (German)

Crate raises $4 million

Berlin-based big data startup Crate announces a $4 million round. It was led by VC Dawn Capital, existing investors like Sunstone Capital, DFJ Esprit and Speedinvest joined the round. Solomon Hykes, founder of Docker, also invested. Crate lets companies save and organize a large amount of data. The startup also has headquarters in San Francisco and Dornbirn.
[ Blog]

German Startups Group increases investment in five startups

Berlin-based German Startups Group increased its investments in five startups. This includes: Mister Spex, Book A Tiger, Savedo, Lingoda, and Friendsurance. The sizes of each investment were not shared.
[Gründerszene] (German)

Number26 is about to raise a €40 million round

Berlin-based fintech start-up Number26 is about to raise a €40 million round. While the start-up has not commented, different sources reported the news to Gründerszene.
[Gründerszene] (German)

Ströer about to acquire Social Media Interactive

Cologne-based outdoor media company Ströer is working on acquiring Social Media Interactive. The Munich-based start-up is known for brands such as BodyChange and Right now, the Federal Cartel Office is looking into the case.
[Gründerszene] (German)

Homebell raises from Index and Rocket

Berlin-based craftsmen platform Homebell announces a new funding round. While the amount is undisclosed, the investors are named: Rocket Internet’s Global Founders Capital and Index Venture joined for this round. The investment will be used to improve the technology behind the product.
[Gründerszene] (German)

Saralon also raised a round

Saralon, which offers printed electronics for packages, also announces an investment. It decided to keep the size of it to itself. However, the money comes from Technologiegründerfonds Sachsen (TGFS). The idea started at the Technical University of Chemnitz in 2012. According to the start-up, the six people team made over €30,000 in revenue last year.
[Gründerszene] (German)

Splash wins at SXSW Accelerator competition

Berlin-based 360 degree video app Splash just recently started its app. It lets you stitch together 360 degree photos or videos with your iPhone. In Austin, Texas, where South By Southwest (SXSW) is currently taking place, it won the festival’s accelerator competition. Overall, 47 international startups were competing with them.
[Gründerszene] (German)

Image: Some rights reserved by Georgie Pauwels
Disclaimer: Number26 participated in Axel Springer’s accelerator Plug & Play. Axel Springer is shareholder of Vertical Media GmbH, the media house of Heureka. For more information visit