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Today in Germany: Move24, Gigmit, FairMed Online Written by Felicitas Hackmann on 24. October 2016

Move24 closes Series B round

Berlin-based Move24, previously known as Movago, closed a €13 million (14.2 million USD) strong Series B round. Existing investors Holtzbrink Ventures, DN Capital and Cherry Ventures led the round and new investor Innogy, part of energy giant RWE, participated as well. The startup is currently active in 10 markets and employs 300 people.
[Gründerszene] (German)

Gigmit receives investment

Berlin-based Gigmit received an investment from Sony Music Entertainment Germany. Gigmit claims to be Europe’s largest live booking platform that connects different parties, i.e. musicians and event organizers. While the size of the investment remained undisclosed, the commercial register shows Sony Music Entertainment Germany received 15 per cent of the company’s shares.
[Gründerszene] (German)

FairmedOnline acquires Caremondo

In August, medical tourism platform Caremondo filed for bankruptcy after an investment round failed to take place. Now, Singapore-based FairMed Online acquired the startup. The founders and all 25 employees are set to leave Caremondo. Details about price remained undisclosed.
[Gründerszene] (German)

Photo credit: tobstone via VisualHunt / CC BY-SA