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This Week in Germany – The News you shouldn't miss Written by Felicitas Hackmann on 10. June 2016

Taxi Deutschland and team up with Facebook messenger and whatsapp service

Taxi Deutschland and joined forces and launched the Taxi Messenger. Throughout Germany the service shall be available in almost 100 cities. The service is also available on whatsapp. And it was time for that: Services like MyTaxi and Uber offered an easier and more global service to customer.
[press release, hna/dpa]

Finleap launches new Venture

Berlin-based in FinTech company builder Finleap launched a new venture: Private people can start investing with e.g. €500 in €2.5 million strong real estate projects. Similar crowd investing ideas are known from Exporo, iFunded and Bergfürst.
[Gründerszene] (German)

Instana Secures $6 Million Led by Target Partners

Munich- and Solingen-basted Instana is a startup for application performance monitoring with its business headquarter in San Francisco. Today, it announces a $6 million investment round led by Traget Partners in participation of Codescentric, a German IT consulting firm.
[press release, pehub]

MUUME Successfully Completes Series A Round Over €2 million

Switzerland-based (yes, that’s next door, but close enough) fintech company MUUME receives €2 million investment. The round was lead by Heliad Equity Partners, with participation of entrepreneur and investor Hans Thomas Gross and Family Office Keller. The startup aims to make shopping and paying easier for consumers and businesses. That happens though providing services for product information, product presentation, offline or online shopping and, in both ways, ordering or paying. The investment will be used for expansion.
[press release, bobsguide]

Police raid premises of Lovoo

According to media reports, this morning, Lovoo‘s office in Dresden got unusual visitors: Prosecutors had ordered the raid of the office and 16 other properties (Dresden, Berlin and Nuremberg), and arrested the company’s founders Björn and Benjamin Bak. Also, twelve individuals have been accused of commercial deception. Prosecutors say the company places fakes profile in order to make users pay. The company decided not to comment on the current investigation. The website is offline.
[The Local], [Gründerszene] (German)

Wingly raises mid-size six-digit figure

German-French flight share platform Wingly announces its first investment. The medium size six-digit figure comes from Felix Haas, known for investing in Kreditech and Iwoca, and Thibaud Elzière, co-founder of Fotolia. The startup lets pilots offer flights to private people and split the costs among them.
[Gründerszene] (German)

Buddy raises Series A

Similar to many other businesses, Berlin-based mattress startup buddy offers a one-fits-all mattress that can be ordered online. It now announces a new investment: A seven-digit strong series A round was raised. Part of it came from Peter Pohlmann, the founder of furniture discounter Poco. The money comes at a good time: US-competitor Casper just recently announced it will launch in Germany.
[WiWo Gründer] (German)

Number26 reacts

Last week, Berlin-based fintech startup Number26 received a bit of a shit storm, after canceling users accounts without giving reasons. Understanding that wasn’t the smartest move, it has now stated reasons and claims it will look into specific cases again. As guessed within the community, one of the reasons were too many withdrawals from ATMs.
[Gründerszene] (German)

Comatch raises €4 million

Just one year after it first launched the freelancer consultant startup Comatch raises €4 million. By now, the platform is used by 800 consultants. The startup employs eleven people and just recently moved from Berlin Mitte to Prenzlauer Berg. The investment came from Acton Capital Partners and existing investors Atlantic Labs and b-to-v.
[Gründerszene] (German)

Refinery29 launches in Germany

New York-based online magazine Refinery29 announced its launch in Germany today. The magazine targets women between 18 and 34 years. The team is based in Berlin. Gründerszene finds the magazine seems like a mixture of Buzzfeed, Bento, Edition F and Vogue.
[Gründerszene] (German)

Image: Some rights reserved by Georgie Pauwels