Book A Tiger raises a new round
The Berlin-based cleaning platform Book A Tiger raised a new round, but will not comment on the amount. Exiting investors, such as Tamedia, Target Group and DN Capital, and new investors joined in the most recent round. According to the commercial register, German Media Pool owns .5 per cent, QD Investment Limited holds 11 per cent and MLC 50 LP owns approximately 4 per cent of the startup’s shares.
Capetown-based VC acquires TopCheck
The Berlin-based startup TopCheck, which raised one million euros in August 2015, was acquired by Silvertree, a Capetown-based venture capital firm. Silvertree also owns one of TopCheck’s competitors, PriceCheck. The sell price for the 18-month-old startup, which created a website for comparing insurance and loans focused on the Nigerian market, was not listed.
Zeitgold raises 4.2 million euros
The Berlin-based startup Zeitgold (German for Time Gold) received 4.2 million euros from Holtzbrinck Venture and Battery Ventures, a US-based venture capital firm on Wednesday. The funds will help the startup fight the good fight on behalf of small and medium enterprises (SME) struggling with accounting and finance paperwork. The startup asks business owners to digitalise their documents and a Zeitgold employee and an algorithm take care of the rest. Zeitgold’s founders previously worked together on the FinTech startup SumUp.