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Today in Germany: ReachHero, Dojo Madness, E.Ventures, Stylight Written by Felicitas Hackmann on 19. May 2016

ReachHero raises seven-digit investment

Berlin-based social media influencer network ReachHero received a seven-digit investment from Rocket Internet’s Global Founders Capital, Lovoo founder Benjamin Bak and Axel Springer’s Plug and Play. According to the startup, over 3,600 influencer and 800 companies use its platform, that connects Youtubers and Instagram-users with marketing campaigns and brands. The new investment will be used for product development, expansion in the European market, as well as growing the team.
[Gründerszene] (German)

Dojo Madness raises $4.5 million

Berlin-based eSports startup Dojo Madness announces a $4.5 million strong Series A round. It was led by March Capital Partners. IBB (Investment Bank of Berlin) and existing investors London Venture Partners and DN Capital also joined. The startup offers an app that turns gamers’ smartphones into an eSport coach which then offers tips on strategies before and during the game, and also analyses the gamer’s in-app performance.
[TechCrunch], [Gründerszene] (German)

E.Ventures starts new $150 million early stage fund

Berlin-based (with offices in San Francisco, Beijing, Tokyo, Moscow and São Paulo) VC E.Ventures announces it has closed a new $150 million fund that focusses on early stage startups in Europe that look for seed and Series A rounds.
[TechCrunch], [Gründerszene] (German)

ProSiebenSat.1 acquires Stylight

ProSiebenSat.1 acquires the style platform Stylight. The media publishing house had previously held 22 percent, but now decided to buy the 78 per cent from share holders such as Holtzbrinck Ventures and Tengelmann Ventures. Stylight is a platform for fashion, inspiration, and shopping, and also a fashion magazine. Details remain undisclosed.
[Gründerszene] (German)

Image: influitive