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This Week in Germany: Funding, Features, and More Written by HEUREKA editorial on 31. October 2014


Here’s what happened this week in Germany:


Axel Springer and New York Times invested in Dutch newspaper app

After investing $20 million in Silicon Valley based newspaper app ozy, German publishing house Axel Springer now invested in the Dutch newspaper app Blendle. The round was joined by The New York Times. Readers can see what friends read, follow interesting curators (e.g. politicians, journalists, celebrities) and see the recommendations from the paid content section, as well as which articles are trending. While entire newspapers can be bought in the app, an article costs between 10 and 50 cents, VentureVillage was told. The article price is decided by the publishing houses. The revenue is distributed into 70% for the publishing houses and 30% for Blendle. Read more on VentureVillage.

Readly starts its German Magazin Flatrate

For €9.99, German folks can now access about 70 German magazines though the Readly App.

OUTFITTERY introduces bodyscanner

Personal Shopping Service OUTFITTERY introduces a bodyscanner. With an infrared camera and projector it scans a man’s size. That information can than be forwarded to its personal shopping assistant to figure out the right size and cut for one. The scanner was tested in Berlin’s Deutsche Bank branch at Friedrichstraße and almost 500 men tried it. Starting in March, OUTFITTERY wants to role out the scanner to German cities (Berlin, Frankfurt, Cologne, Dusseldorf, Munich, Hamburg and Stuttgart), mostly in shopping centers and on airports.

Blloon App Encourages Ebook Reading By Letting Readers Earn Free Pages

Berlin-based startup Blloon has launched an app to get more young people to reading ebooks. This shall be done by applying a freemium model to the medium. gifting a certain number of pages (1,000) when a user signs up, so they can get started reading straight away. That’s enough freebie pages to read up to three full books.

Spotcap Receives €13 million in funding

Rocket Internet startup Spotcap receives funding from a group of investors including Access Industries and Holtzbrinck Ventures. Spotcap was founded to help small business owners obtain credit. The startup now wants to use the fresh capital to grow in Spain and expand into other markets. [Gründerszene]

adsquare gets $4.3 million in Series A funding

Target Partners along with existing investors led a Series A financing round for adsquare, a platform for Mobile Audience Targeting. adsquare plans to use the funding to accelerate company growth, expand internationally, and continue to improve with product innovations. [TechCrunch]

RhodeCode receives $3.5 million investment

Enterprise code management startup RhodeCode receives $3.5 million in funding from DFJ Esprit and Earlybird Venture Capital. The startup, a bit of a hidden champion in the Berlin startup scene, plans to use the investment to expand its team and prepare for its next version. [Gigaom]

Emmasbox receives seven-digit funding

The Munich-based startup Emmasbox received a seven-digit investment from unidentified investors today. The startup provides a location where groceries can be stored for customers who have ordered food online. Emmasbox plans to expanded into other countries such as France and Switzerland in the near future. [Gründerszene]

Rocket startup Wimdu gets new leadership

Arne Bleckwenn and Hinrich Dreiling have stepped down as leading managers of the Rocket Internet startup Wimdu. Arne Kahlke will take over as CEO along with Sören Kress. Both have previous experience leading startups such as ElitePartner. Wimdu is often described as a clone of Airbnb. [Gründerszene]


Startup of the Week – How lifelife Wants To Help You Find Your Perfect Apartment

lifelife is the online broker that connects tenants to apartments, digitally. VentureVillage sat down with the CEO of lifelife Martti Mela to ask him how he plans to connect the right tenants with landlords to offer apartments in just “a fraction of a second.” [VentureVillage]

Interview with serial entrepreneur Yvonne Tesch

At 34 years old, Yvonne Tesch is a serial entrepreneur, millionaire, and mother. She is the founder of startups like Code is the New Black and Maryme. Gründerszene conducted an interview with Tesch on her life and success. [Gründerszene]

A look inside RhodeCode

Yesterday, Berlin-based RhodeCode announced a $3.5 million investment round. The startup that began as a hobby has grown very rapidly. RhodeCode is now looking to hire new talent. [Gründerszene]

Impressions from Valley in Berlin 2014 (Picture Gallery)

Valley in Berlin is organized by YOU IS NOW, a startup incubator created by the Scout24 portals. Its goal is to allow startups from the U.S. to meet and network with startups from Berlin. Check out the event in pictures. [VentureVillage]
Image: Felicitas Hackmann