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This Week in Germany – The startups news Written by Felicitas Hackmann on 12. August 2016

Rocket Internet invests in Hausgold

Hamburg-based Hausgold raises a seven-digit amount from Rocket Internet, Global Founders Capital, and Scout24 founder Joachim Schoss. The real estate startup was founded in 2014 in the Hamburg-based incubator Hansa Ventures. It aims to build an algorithm to connect real estate agents and those who want to see their properties. The service is for free, but Hausgold receives a cut after the property is sold.
The exact amount of the investment as well as further details remain undisclosed.
[Gründerszene] (German)

Rumor of the day: Stilnest receives investment

Rumor of the day is that Berlin-based 3D jewelry startup Stilnest receives a new investment – Deutsche-Startups reports. According to their information, the Swiss family office Wille and several business angels, such as Daniel Wild (from Tiburon) joined for this round, alongside existing investors IBB, K-Vest (Kingel Gruppe) and Alfred Möckel. More information has not been shared.
[deutsche startups]

Westwing raises €24 million

As Gründerszene found out, Rocket Internet-backed interior design startup Westwing recently raised €24 million in convertible bonds. That leads to an overall funding of €210 million. Things are currently not going as well as hoped. After delaying the IPO, the company also hasn’t increased in value in the past 18 months.
[Gründerszene] (German)

Störer acquires Foodist

Hamburg-based crowd-invested startup Foodist got acquired by the German media house Ströer. The startup which was founded in 2012 sells delicate food boxes. It’s also known from the German TV show DHDL (Die Höhle der Löwen) and raised €1.5 million trough three rounds in crowdfunding.
[Gründerszene] (German)

Iversity receives funding from Holtzbrinck Digital

After existing investors didn’t want to join for a new round, Iversity filed for bankruptcy a few weeks ago. Now, Holtzbrinck Digital invested in the startup that offers online courses with a focus on the B2B market. The amount of the investment stays undisclosed.
[Gründerszene] (German)

FinTecSystems raises seven-digit figure

Munich-based FinTecSystems raises a seven-digit Series A round. The investment came from already existing investors Heilemann Ventures and MenschDanke Capital. New on board are French-based Ventech and Germany-based VC Littlerock. The startup analyses online banking data to calculate clients’ credit ranking.
[Gründerszene] (German)

Support programs for Germany-based startup

With most of the startup being based in Berlin, the same goes for the support programs. However, other places offer some as well. Here is an overview.
[Gründerszene] (German)

Image: Some rights reserved by Georgie Pauwels