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The Good, The Bad, The News: This Week in Germany Written by HEUREKA editorial on 11. September 2015


Gruner+Jahr starts digital idea lab

Hamburg-based publishing house Gruner+Jahr started the so called Greenhouse Innovation Lab. Five teams worked on different idea, e.g. a network for foodtuber. Since May of this year internal teams worked on ideas – now, G+J stated, the program is open to startups and ideas from outside the company. Besides the three month trail period, startup benefit from a strong brand with a large reach and the publishing house’s distribution channels, and might also receive funding. The first startups will start in October.
[Gründerszene] (German)

Resmio raises seven-digit round

Berlin-based restaurant table reservation software Resmio announces a seven-digit investment. The money comes from its existing investors Schlütersche Verlagsgesellschaft, Müller Medien and Heise Media Service. Two years ago the startup raised a six-digit round. Different to competitors such as Book A Table, the software runs on restaurants’ websites instead of in its own network. The investment will be used to expand.
[Gründerszene] (German)

TargetVideo raises Seed round

Munich-based TargetVideo focusses on developing innovative video formats and its own video magazine. To do so, it raises a medium size six-digit investment from b-to-v. The company as founded in August 2014 and already works with partners such as ProSiebenSat.1 Digital, RTLinterative, and Burda Forward News+.

Lesara raises €15 million Series B

Berlin-based online fashion and lifestyle retailer Lesara raises a Series B round. The €15 million round is led by Northzone, along with co-investor Vorwerk Ventures. Existing investor Mangrove Capital also joined. The investment will be used for further expansion.

HRS invests in conichi

Berlin-based hotel app conichi announces a seven-digit amount investment. The fresh cash comes from the hotel platform HRS. The idea is to have the receptionists informed about who is entering the hotel right at that point. Self-speaking: The app is connected to beacons that communicate between the hotel staff and the guest and, e.g send individual messages to the hotel guests.
[mobilbranche] (German)

500 Startups wants to increase its investment in German startups

The well known US accelerator 500 Startups wants to increase its presence and investments in Europe. Besides announcing projects in London and Scandinavia, it now found investment partners in Germany, the UK, Israel, Eastern Europe and Turkey.
[Gründerszene] (German)

Rocket Internet wants to start one business per quarter in Asia

Berlin-based company builder Rocket Internet said it wants to start four businesses per year in Asia. It already has 20 startups operating in that area, e.g. Carmudi, Lamudi, Everjobs, and Helpling. And it won’t slow down. “We are operating in highly diverse markets – from very developed ones such as Singapore and Australia to rising stars such as Myanmar and Pakistan,” says Hanno Stegmann, CEO of APACIG, in a statement. “Our portfolio of companies fits the macroeconomic trends of different regions and the demand for new online businesses.”
[Tech in Asia]

Scout24 plans IPO

The Berlin-based online-classfieds company Scout24 plans an IPO on the Frankfurt stock exchange for later this year. “The planned IPO is the logical next step in the company’s development path, and now is the right time to take it,” said Gregory Ellis, CEO of Scout24. The company owns several leading digital marketplaces, for cars or real estate.

TVSmiles raises €5 million Series A

TVSmiles, a quizz app based in Berlin, announces a €5 million Series A round. It is led by Omnes Capital, however,Ventech,, German Startups Group, SevenOneMedia and business angels joined the round. The investment will be used to continue expanding in the UK, as well as targeting other international markets, e.g. the US. TVSmiles previously raised €7 million.
Image: Some rights reserved by Georgie Pauwels