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Today in Germany: AdTriba, TwentyBN, TourRadar, Movinga, Alphapet Ventures Written by Felicitas Hackmann on 25. May 2016

AdTriba raises Seed Round

Hamburg-based SaaS company AdTriba receives a Seed Round from HTGF (High Tech Gründerfonds). The exact amount was not communicated, however, HTGF usually invests €600,000. The marketing technology startup allows advertisers to track, control and optimise marketing activities through data science and user journey analysis.
[HTGF blog]

$2.5 million for TwentyBN

Berlin-based Twenty Billion Neutrons (TwentyBN) announces a $2.5 million Seed Round. The four founders, who met at the University of Bielefeld in the 90’s, all hold a PhD in computer science and work on A.I. and deep learning (machines understanding new things like the human brain would). The investment comes from a US-based business angel.
[Gründerszene] (German)

TourRadar raises $6 million

Vienna-based (yes, Vienna in Austria, next to Germany – close enough to mention it here) TourRadar lets users book group trips. Berlin-based CherryVentures and Hoxton Ventures from London led a $6 million Series A round. Existing investors AWS Gründerfonds and Speedinvest participated in this round as well. The investment will be used to grow the team from 30 to 70 people and increase marketing activities.
[Gründerszene] (German)

Prosecution investigates at Movinga

Moving startup Movinga grew extremely fast. After launching in 2015, it grew to about 500 staff members until today and has raised a total of €35 million. Now, prosecutors are looking into the suspicion of forged documents. The startup decided not to share more details at this point.
[Gründerszene] (German)

Pets Premium and ePetWorld merge

Both Munich-based platforms that specialized in pet shops Pets Premium and ePetWorld merge. The new holding company is called Alphapet Ventures and both parties contribute the same amount of shares to it. As one, they have almost half a million clients.
[Gründerszene] (German)

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